Albay representative and House of Representatives Ways and Means Committee Chair pushes for putting an additional tax on digital services to compensate the government the cut on corporate tax up to 25% due to the economic consequences of the COVID-19 pandemic. He intends to call it as the following: Lazada tax, Netflix tax, and Facebook Ads tax. The proposal also requires the presence of a country representative from Google and Facebook when creating digital advertisements. When passed into law, it will allow the government to block the local operations of the said digital services should they don't pay the right taxes nor comply with tax laws. According to BIR spokesperson and lawyer Brianna Kay delos Santos, the digital tax calendar has been available on the BIR website since January 1. Read more in our articles including "Rep. Joey Salceda suggests additional tax on digital services" and "TESDA launches additional free digital courses on the e-TESDA platform".
Albay representative and House of Representatives Ways and Means Committee Chair pushes for putting an additional tax on digital services to compensate the government the cut on corporate tax up to 25% due to the economic consequences of the COVID-19 pandemic. He intends to call it as the following: Lazada tax, Netflix tax, and Facebook Ads tax. The proposal also requires the presence of a country representative from Google and Facebook when creating digital advertisements.
When passed into law, it will allow the government to block the local operations of the said digital services should they don't pay the right taxes nor comply with tax laws. According to BIR spokesperson and lawyer Brianna Kay delos Santos, the digital tax calendar has been available on the BIR website since January 1.
Our coverage of additional tax on digital services includes: "Rep. Joey Salceda suggests additional tax on digital services"; "TESDA launches additional free digital courses on the e-TESDA platform"; "BIR launches digital tax calendar". Each article provides unique insights and information.