THE Philippines could generate more revenues by gradually removing major value-added tax (VAT) exemptions, phasing out income tax holidays and adopting an emissions trading system (ETS), according to ...

REMOVING value-added tax (VAT) exemptions for senior citizens as well as private education and healthcare may boost government revenue collections, but analysts warned this move is “socially harmful” ...

MANILA (Reuters) - The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the ...

Additional taxes on digital services, including Steam, have just been rolled out in the Philippines, but not all game prices have gone up yet. Steam has officially begun charging 12% Value Added Tax ...

The Philippines will impose a 12% value-added tax on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet. The country's internal revenue agency said the move that ...

Philippines imposed a 12% value-added tax (VAT) on non-resident digital service providers, including popular platforms like Netflix (NASDAQ:NFLX), HBO (WBD), and Disney (NYSE:DIS), a local newspaper ...

THE DEPARTMENT of Finance (DoF) is reviewing the Organisation for Economic Co-operation and Development’s (OECD) suggestion for the Philippines to remove the value-added tax (VAT) exemptions for ...

With inflation hitting an 11-month high, House Assistant Minority Leader Sarah Elago on Friday filed a bill seeking to remove the 12 percent value-added ...

Citing inflation as the primary burden on Filipino households, Sen. Erwin Tulfo has filed a measure seeking to reduce the country’s value-added tax rate from the current 12 percent to 10 percent.

MANILA, Philippines — The Philippines needs to step up revenue mobilization and rely more on tax reforms to stabilize public debt and meet rising spending pressures, according to the Organization for ...