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Guidelines in imposing VAT on digital servicesTHE Bureau of Internal Revenue (BIR) last Jan. 16 issued Revenue Regulations (RR) 3-2025 implementing provisions of Republic ...
The rapid growth of e-commerce and digital trade is reshaping global economies, particularly in developing nations, but ...
lower VAT rates to e-publications such as electronic books, newspapers and periodicals. The draft proposal is part of the EU's wider effort to modernise value added tax for the digital economy in the ...
The Bureau of Internal Revenue (BIR) has issued Revenue Regulations (RR) 03-2025 to set the implementing rules and ...
The European Union has set 30 June 2032 as the deadline for the mandatory adoption of electronic VAT exemption certificates, replacing the traditional paper-based system. The Council’s decision, ...
This increase would have further impoverish many financially struggling consumers has drawn the ire of Government of National ...
The heavy loss of revenue due to the government's failure to bring all high-cost luxury item sellers into the value-added tax ...
Items reduced by 19 percent with a VAT form include vehicle purchases and repairs, clothing, furniture, electronics, rental cars, heating oil, non-staple groceries and restaurant bills.
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