- B2C only
- Transactions in scope: VAT on electronic or online sale of services such as: online advertisement services and provision for digital advertising space; digital services in exchange for a regular subscription fee; and supply of other electronic and online services that can be delivered through the internet.
- Taxable persons in scope: digital service provider (DSP) to be any of the following: a third party that acts as a conduit for goods or services offered by a supplier to a buyer and receives commission therefor; a platform provider for promotion that uses the internet to deliver marketing messages to attract buyers; a host of online auctions conducted through the internet, where the seller sells the product or service to the person who bids the highest price; a supplier of digital services to a buyer in exchange for a regular subscription fee; and a supplier of electronic and online services that can be delivered through the internet
- VAT Rate 12%
- Status: The House will submit the bill to the Senate
Source abs-cbn.com
See also
