Tag: streaming services

The Philippines introduces a 12% VAT on digital services from companies like Disney and Google to level competition with local firms. This move is expected to raise 105 billion pesos by 2029, funding creative industry initiatives.(Reuters)
Posted in Business

This country is levying 12% tax on digital services by Amazon, Netflix, Disney

 October 3, 2024  Leave a Comment on This country is levying 12% tax on digital services by Amazon, Netflix, Disney

Oct 03, 2024 08:36 AM IST The Philippines will implement a 12% VAT on digital services from firms like Amazon and Netflix, promoting fair competition…

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