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BIR: It’s up to digital services firms to raise prices after VAT law signing

By Inquirer - an hour ago
MANILA, Philippines — After the President signed a law imposing a 12 percent value-added tax (VAT) on foreign digital services providers (DSPs) such as Netflix, Spotify, and Google, among others, it is now up to these companies to decide whether to raise their product prices or not, according to an official from the Bureau of

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