Philippines: Adopted Bill Amending and Adding New Sections of the National Internal Revenue Code including registration requirement (SB No. 2528)
Description
Adopted Bill Amending and Adding New Sections of the National Internal Revenue Code including registration requirement (SB No. 2528)
On 30 July 2024, the Bill Amending and Adding New Sections of the National Internal Revenue Code, including registration requirements for digital services (SB No. 2528), was adopted by the House of Representatives of the Philippines. The Bill mandat…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
online advertising provider, digital payment provider (incl. cryptocurrencies), streaming service provider, platform intermediary: e-commerce, search service provider, infrastructure provider: cloud computing, storage and databases
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
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2024-01-30
under deliberation
2024-07-30
adopted