Philippines imposes 12% VAT on digital services by tech giants
Philippines imposes 12% VAT on digital services by tech giants
e.vnexpress.net
Philippines imposes 12% VAT on digital services by tech giants - VnExpress International
8 comments
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Probably the only way they will get taxation money out of the tech giants given all the shady things they do to transfer the profits out of countries to evade taxes. VAT at least is a lot more obvious and harder to avoid although I don't put it past them to start doing even shadier things.
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Heh how they will collect that VAT?
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By taking hostage their back offices and call centers and paralyzing their operations until they pay :)
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the way any vat is collected? when a philippine customer buys a service there
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Very asshole tax?
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8 comments
This will also apply to things like Amazon, SHEIN, and Temu.
edit TEMU not TRUMP
I'd be happy to pay the VAT if someone sold and crate-shipped Trump to a third world country. How much is 12% on a dollar anyway...