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A collection of the brief insights throughout September 2021 of the type provided on an ad hoc basis in our Latest digital tax byte update.

22 September 2021 - Philippines Parliament approves Bill to enforce VAT on digital services

The Philippines House of Representatives has approved on third and final reading a proposal imposing a 12% VAT on digital transactions in the country. House Bill 7425 amends Section 105 of the National Internal Revenue Code (NIRC) by taxing digital service providers that operate online. It clarifies the imposition of VAT on online advertisement services, digital services in exchange for a regular subscription fee, and supply of other electronic and online services that can be delivered through the Internet, etc

One of its authors has said it will generate new funding sources for the country's Covid-19 response efforts, although the Bill has been in process for some time replacing an earlier Bill with similar aims..

20 September 2021 - US House and Senate proposals show differences