- Philippines government proposing VAT compliance obligations on nonresident digital service providers
- Providers would need to assess, collect, and remit VAT on transactions through their platforms
- Digital service providers include those supplying online licensing software, website filters, mobile applications, video games, webcast, webinars, digital content, electronic marketplaces, search engine services, social networks, cloud storage services, online newspapers, journal subscriptions, and payment processing services
Source: bdo.global
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.