No Data
The Philippines imposes a 12% value-added tax on foreign digital services such as netflix.
Philippine President Ferdinand Marcos Jr. signed a law on Wednesday imposing a 12% value-added tax on non-resident digital service providers, including netflix, HBO, and disney. This new law is one of the first revenue priority measures passed during Marcos's administration, covering online search engines, media, advertising, platforms, as well as digital markets, commodities, and cloud computing services. In a speech during the signing ceremony, Marcos said, "If you are reaping the benefits of a productive digital economy here, then you should also contribute to its growth." He added
Here's What's Worth Streaming in October 2024: -2-
Disney Options Spot-On: On October 1st, 61,814 Contracts Were Traded, With 1.1 Million Open Interest
Raymond James Analysts Downgrade Disney, Calling It a 'Rollercoaster' They're Getting Off
NBA Legend Shaq Coming To Fortnite? Leaks Show Skins, Accessories, And A Potential DJ Diesel Performance
Walt Disney Faces Theme Park, Streaming Headwinds Into FY25 - BofA