Pres. Marcos Jr. eyes VAT on digital service providers as part of tax admin reforms

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Move to bring in initial P11.7 billion revenue in 2023 alone   (Eagle News) – President Ferdinand “Bongbong” Marcos Jr., said he would implement “tax administration reforms” to increase revenue collections and “implement a sound fiscal management” to improve the country’s economy. In his first State of the Nation Address (SONA), Marcos Jr., explained his blueprint to uplift the Philippine economy and “immediately address the economic scarring” brought about by the Covid-19 pandemic. One of […]