Friday, May 3, 2024
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VAT

House bill imposing VAT on digital transactions, streaming passes final reading

The Department of Finance said the proposed law will level the playing field between digital and traditional businesses, especially those that cannot shift to the digital platform.

House OKs bill removing fee for telco use of Wi-Fi spectrum

The House of Representatives also passed on third and final reading House Bill 7425, which imposes value-added tax on digital transactions.
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