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marcos signs law vat on foreign digital services

  1. Arthur Leywin

    Info Marcos signs into law VAT on foreign digital services

    President Ferdinand “Bongbong” Marcos Jr. on Wednesday signed into law the measure seeking to impose a 12% value-added tax (VAT) on digital services provided by foreign companies. The ceremonial signing of Republic Act 12023 took place at the Ceremonial Hall of Malacañang Palace. ''We are not...

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