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...
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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