A measure to reduce the value-added tax (VAT) on goods and services from 12% to 10% has been filed in the House of Representatives, with the goal of providing relief to Filipino consumers facing rising prices. Read more »
Filipinos managing long-term and costly illnesses can expect some relief as the Food and Drug Administration (FDA) has endorsed 10 additional medicines to be exempted from value-added tax (VAT). Read more »
With the implementation of the value-added tax law on digital services, Netflix will raise the cost of its membership plans in the Philippines on June 1. Read more »
Foreign tourists in the Philippines can now enjoy tax-free shopping, thanks to the newly signed implementing rules and regulations (IRR) for the VAT Refund for Non-Resident Tourists program. Read more »
Starting June 1, 2025, Steam will begin applying a 12% value-added tax (VAT) to purchases made by Filipino users. Read more »
In a significant move for the digital economy, President Ferdinand Marcos Jr. has signed into law a Value-Added Tax (VAT) on Digital Services. This law applies to overseas e-commerce firms and popular streaming platforms. Read more »
