The government is determined to boost its revenues from the boom in digital or online transactions with an estimated yearly value-added tax (VAT) collection of as much as P13.2 billion from them and P1 billion more from single-use plastic products, which are a major pollutant, according to Finance Secretary Benjamin Diokno.
Source: INQ
Latest Posts in "Philippines"
- Philippines Releases New E-Invoicing Rules Ahead of 2026 Mandate
- Manibela Launches Transport Strike as Fuel Prices and Fares Rise
- Philippines Confirms Mandatory E-Invoicing for Most Taxpayers by December 31, 2026
- IMF Urges Philippines to Boost Revenues, Reject Tax Amnesties
- Briefing Document & Podcast: Philippines E-Invoicing and E-Reporting
