‘VAT on digital services deepens tax inequality’

Quick Summary:

AS digital service users denounced the imposition of a 12 percent value-added tax on digital services, the government’s stance on "leveling the playing field” is insensitive to consumers and deepens tax inequalities among the rich and ordinary Filipinos.

The tax measure will still exempt the following: educational services offered by private institutions accredited by the Department of Education, Commission on Higher Education, Technical Education and Skills Development Authority; subscription-based services sold to DepEd, CHEd, TESDA, or schools they recognize; and, services of banks and financial intermediaries, including those provided digitally.

Streaming service provider Netflix Inc.announced higher subscription prices across all plans beginning June 1, the day the 12-percent VAT in digital service providers will take effect in the Philippines.

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Article Details

Author / Journalist: Reine Juvierre S. Alberto

Category: BusinessStartups

Markets: Philippines

Topics: Services Government System Percent Revenues Africa Users Consumers Taxes Digital Service

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-11 @ 16:07:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 1046 words

Reading Time: 6 minutes read

Sentences: 35 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 28575263

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 69 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 15 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #37

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