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  1. Join Date
    Sep 2003
    Posts
    21,866
    #2651
    Anything to do with the internet...



    MANILA - The House Committee on Ways and Means on Wednesday approved a bill seeking to impose a 12 percent value added tax (VAT) on digital transactions, including non-resident or foreign service providers.

    Under the bill, VAT shall be imposed for online transactions including those that are "digital or electronic in nature" and those that render service "electronically."

    The measure could generate P10.66 billion in revenues once enacted into law, Albay Rep. Joey Salceda, who chairs the committee said during the deliberations.

    When asked whether services such as Netflix should be taxed under the measure, Salceda said "yes. Why should they be exempted.. when you buy canned goods you pay 12 percent [VAT]."

    The bill defines digital services as "any service delivered or subscribed over the internet or other electronic network which cannot be obtained without the use of information technology."

    Digital services shall include:

    Online licensing of software
    Mobile Applications
    Video Games
    Webcast and webinars
    Digital contents such as music, files, images, test and information
    Advertisement platform
    Electronic marketplaces
    Search engine services
    Social network services
    Database and website hosting
    Online data warehousing
    File sharing
    Cloud storage services
    Internet-based telecommunication
    Online training
    E-Learning
    Online newspapers
    Journal subscription
    Payment proccessing
    It amended several sections of the National Internal Revenue Code of 1997 to impose taxes on transactions done online. The approved version is the substitute bill for several others filed by lawmakers.

    Salceda earlier filed a bill seeking to impose VAT on Netflix, Spotify, Facebook, Google and other global internet companies that do business in the Philippines.

  2. Join Date
    Jul 2008
    Posts
    5,993
    #2652
    Bakit di nila i-tax yung mga troll farm

  3. Join Date
    Aug 2018
    Posts
    2,657
    #2653
    Sarap

    Twitter

    Sent from my LYA-L29 using Tapatalk

  4. Join Date
    Jun 2004
    Posts
    3,235
    #2654
    Kung magkaka-apo ako sa talampakan, may utang na.

    Pero sabi nga ni uls, kailangan gawin ng gobyerno yan hahaha

    Sent from my LG-H990 using Tapatalk

  5. Join Date
    Jul 2008
    Posts
    5,993
    #2655
    Quote Originally Posted by Little Missy View Post
    Sarap

    Twitter

    Sent from my LYA-L29 using Tapatalk
    Nasaan na kaya ang pera?

  6. Join Date
    Aug 2018
    Posts
    2,657
    #2656
    Quote Originally Posted by Wh1stl3r View Post
    Nasaan na kaya ang pera?
    Wait natin

    Twitter

    Sent from my LYA-L29 using Tapatalk

  7. Join Date
    Sep 2015
    Posts
    9,344
    #2657
    its ok to open na the economy kasi mas mahirap na problema ang gutom pag nagkaroon ng civil war class war.

    tingnan nyo america nung tinuhod yung leeg nung kalookalike ni stephen jackson eh na-ignite racial war. Bumagsak ang dollar. Windang pa sila ngayon. Mahirap yung pupunta ka kahit saang lugar na may aura ng hate.

    Dito pinas hindi pwede sobra mapatagal gutom ng basic salary man na no work no pay.

  8. Join Date
    Nov 2005
    Posts
    34,818
    #2658



  9. Join Date
    Oct 2002
    Posts
    19,512
    #2659
    Sino ba yang Michelle Ong?
    Signature

  10. Join Date
    Nov 2005
    Posts
    34,818
    #2660
    Quote Originally Posted by boybi View Post
    Sino ba yang Michelle Ong?

    business news reporter sa ANC

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Philippine Economy Talk