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Wednesday, October 2, 2024

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Philippines to collect taxes on digital services

President Ferdinand Marcos signed the Value-Added Tax (VAT) on Digital Services Law on Wednesday, expected to bring in P105 billion in revenue over the next five years. President Marcos assured that the new law would not impose new taxes, but rather streamline the collection process to help fund critical infrastructure projects, including the construction of 42,000 classrooms, 6,000 rural health units, and 7,000 kilometers of farm-to-market roads."This law is more than...

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Philippines to collect taxes on digital services

President Ferdinand Marcos signed the Value-Added Tax (VAT) on Digital Services Law on Wednesday, expected to bring in P105 billion in revenue over the next five years. President Marcos assured that the new law would not impose new taxes, but rather streamline the collection process to help fund critical infrastructure projects, including the construction of 42,000 classrooms, 6,000 rural health units, and 7,000 kilometers of farm-to-market roads."This law is more than...

17 senatorial bets file COC

Day 1 of election season draws mix of familiar, new faces A party-list...

SC order: Gov’t execs running for party-list deemed resigned

The Supreme Court on Monday issued a temporary restraining order against the...

Romualdez files COC for reelection bid

Speaker Martin Romualdez filed his certificate of candidacy (COC) on Tuesday for...

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