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Maroc Maroc - BUSINESSMIRROR.COM.PH - A La Une - 02/Oct 15:47

New law seen to generate P100 billion in taxes

THE government is expected to generate more than P100 billion in five years with the implementation of Republic Act 12023, signed by President Marcos on Wednesday, that imposes a 12 percent Value Added Tax (VAT) on non-resident digital service providers (DSP).

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