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Maroc Maroc - BUSINESSMIRROR.COM.PH - A La Une - 29/Sep 16:07

Digital transactions VAT may raise ₱80B for govt

THE bill imposing a 12-percent value-added tax (VAT) on digital transactions expected enacted this week will level the playing field for local and foreign digital service providers (DSPs), streamline tax administration and shore up government coffers by at least P80 billion in revenue, Senate President Francis Joseph G. Escudero said over the weekend. 

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