The Bangko Sentral ng Pilipinas has pledged to take necessary policy actions to bring inflation …
Read More »NETFLIX supports VAT imposition on foreign digital service providers
Finance Chief Ralph Recto met with senior Netflix officials recently to discuss the bill on value-added tax (VAT) for foreign digital service providers. “[The] meeting went well. It’s part of consultations with stakeholders such as Netflix,” Recto told the Philippine News Agency in a Viber message. The government is expected to generate more than P20 billion from the proposed 12 …
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