The European Union's "VAT in the Digital Age" (ViDA) reform package, approved by the ECOFIN Council on November 5, 2024, is set to bring major updates to the EU VAT system. For businesses outside the ...

THE Bureau of Internal Revenue (BIR) last Jan. 16 issued Revenue Regulations (RR) 3-2025 implementing provisions of Republic Act (RA) 12023 that imposed a 12-percent value-added tax (VAT) on gross ...

MANILA (Reuters) - The Philippines will impose a 12% value-added tax (VAT) on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet, in a move that will level the ...

Opinion: Digital trade keeps growing, and so does the pressure on governments to update their tax rules. Alignment is now a key theme.

Company belonging to Euro 750 Mio Group, will pay DST regardless of their digital service turnover in Italy. The DST is a 3% levy on revenues generated from certain digital services provided in Italy, ...

The Philippines will impose a 12% value-added tax on digital services offered by tech giants such as Amazon, Netflix, Disney, and Alphabet. The country's internal revenue agency said the move that ...

MANILA — After Netflix, other digital services may soon raise prices as the 12 percent VAT on non-resident digital firms takes effect this month. Netflix, one of the largest and most popular video ...

The Federal Inland Revenue Service (FIRS) has put on hold, the implementation guidelines for the simplified compliance regime for Value Added Tax (VAT) on imported goods purchased through digital ...