Proposed VAT on Netflix, digital services gains Senate traction
The government may rake in up to P90 billion in revenues over the next five years should the Senate pass a bill charging foreign digital service providers, such as the popular movie streaming platform Netflix, a 12-percent value-added tax (VAT), Sen. Sherwin Gatchalian said on Tuesday. Speaking at the Kapihan sa Senado media forum, Gatchalian […]
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