{"id":28394,"date":"2024-10-02T16:39:22","date_gmt":"2024-10-02T08:39:22","guid":{"rendered":"https:\/\/www.gr888.co\/?p=28394"},"modified":"2024-10-02T16:39:22","modified_gmt":"2024-10-02T08:39:22","slug":"pinirmahan-ni-marcos-ang-batas-na-magpapataw-ng-12-vat-sa-nonresident-digital-service-providers","status":"publish","type":"post","link":"https:\/\/www.gr888.co\/en\/review\/28394","title":{"rendered":"Marcos signs the Law to Impose 12% VAT on Nonresident Digital Service Providers"},"content":{"rendered":"<div class=\"vce-row-container\" data-vce-boxed-width=\"true\"><div class=\"vce-row vce-row--col-gap-30 vce-row-equal-height vce-row-content--top\" id=\"el-3332f839\" data-vce-do-apply=\"all el-3332f839\"><div class=\"vce-row-content\" data-vce-element-content=\"true\"><div class=\"vce-col vce-col--md-auto vce-col--xs-1 vce-col--xs-last vce-col--xs-first vce-col--sm-last vce-col--sm-first vce-col--md-last vce-col--lg-last vce-col--xl-last vce-col--md-first vce-col--lg-first vce-col--xl-first\" id=\"el-39566c04\"><div class=\"vce-col-inner\" data-vce-do-apply=\"border margin background  el-39566c04\"><div class=\"vce-col-content\" data-vce-element-content=\"true\" data-vce-do-apply=\"padding el-39566c04\"><div class=\"vce-text-block\"><div class=\"vce-text-block-wrapper vce\" id=\"el-68a7c516\" data-vce-do-apply=\"all el-68a7c516\"><p><span style=\"font-weight: 400; font-size: 14pt;\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-28460 size-full\" src=\"https:\/\/i0.wp.com\/www.gr888.co\/wp-content\/uploads\/2024\/10\/Pinirmahan-ni-Marcos-ang-Batas-na-Magpapataw-ng-12-VAT-sa-Nonresident-Digital-Service-Providers.jpg?resize=1920%2C937&#038;ssl=1\" width=\"1920\" height=\"937\" srcset=\"https:\/\/i0.wp.com\/www.gr888.co\/wp-content\/uploads\/2024\/10\/Pinirmahan-ni-Marcos-ang-Batas-na-Magpapataw-ng-12-VAT-sa-Nonresident-Digital-Service-Providers.jpg?w=1920&amp;ssl=1 1920w, https:\/\/i0.wp.com\/www.gr888.co\/wp-content\/uploads\/2024\/10\/Pinirmahan-ni-Marcos-ang-Batas-na-Magpapataw-ng-12-VAT-sa-Nonresident-Digital-Service-Providers.jpg?resize=300%2C146&amp;ssl=1 300w, https:\/\/i0.wp.com\/www.gr888.co\/wp-content\/uploads\/2024\/10\/Pinirmahan-ni-Marcos-ang-Batas-na-Magpapataw-ng-12-VAT-sa-Nonresident-Digital-Service-Providers.jpg?resize=1024%2C500&amp;ssl=1 1024w, https:\/\/i0.wp.com\/www.gr888.co\/wp-content\/uploads\/2024\/10\/Pinirmahan-ni-Marcos-ang-Batas-na-Magpapataw-ng-12-VAT-sa-Nonresident-Digital-Service-Providers.jpg?resize=768%2C375&amp;ssl=1 768w, https:\/\/i0.wp.com\/www.gr888.co\/wp-content\/uploads\/2024\/10\/Pinirmahan-ni-Marcos-ang-Batas-na-Magpapataw-ng-12-VAT-sa-Nonresident-Digital-Service-Providers.jpg?resize=1536%2C750&amp;ssl=1 1536w, https:\/\/i0.wp.com\/www.gr888.co\/wp-content\/uploads\/2024\/10\/Pinirmahan-ni-Marcos-ang-Batas-na-Magpapataw-ng-12-VAT-sa-Nonresident-Digital-Service-Providers.jpg?resize=18%2C9&amp;ssl=1 18w, https:\/\/i0.wp.com\/www.gr888.co\/wp-content\/uploads\/2024\/10\/Pinirmahan-ni-Marcos-ang-Batas-na-Magpapataw-ng-12-VAT-sa-Nonresident-Digital-Service-Providers.jpg?resize=320%2C156&amp;ssl=1 320w, https:\/\/i0.wp.com\/www.gr888.co\/wp-content\/uploads\/2024\/10\/Pinirmahan-ni-Marcos-ang-Batas-na-Magpapataw-ng-12-VAT-sa-Nonresident-Digital-Service-Providers.jpg?resize=480%2C234&amp;ssl=1 480w, https:\/\/i0.wp.com\/www.gr888.co\/wp-content\/uploads\/2024\/10\/Pinirmahan-ni-Marcos-ang-Batas-na-Magpapataw-ng-12-VAT-sa-Nonresident-Digital-Service-Providers.jpg?resize=800%2C390&amp;ssl=1 800w, https:\/\/i0.wp.com\/www.gr888.co\/wp-content\/uploads\/2024\/10\/Pinirmahan-ni-Marcos-ang-Batas-na-Magpapataw-ng-12-VAT-sa-Nonresident-Digital-Service-Providers.jpg?resize=750%2C366&amp;ssl=1 750w, https:\/\/i0.wp.com\/www.gr888.co\/wp-content\/uploads\/2024\/10\/Pinirmahan-ni-Marcos-ang-Batas-na-Magpapataw-ng-12-VAT-sa-Nonresident-Digital-Service-Providers.jpg?resize=1140%2C556&amp;ssl=1 1140w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" data-recalc-dims=\"1\" \/>President Ferdinand Marcos Jr. recently signed a law that imposes a 12% value-added tax (VAT) on nonresident digital service providers such as Netflix, Amazon, and Shein.<\/span><\/p><p><span style=\"font-weight: 400; font-size: 14pt;\">\u201cThis law is clear: if you earn real money in the Philippine market, your tax liability must also be real,\u201d Marcos said when signing the law on October 2.<\/span><\/p><p><span style=\"font-weight: 400; font-size: 14pt;\">He clarified that this is not a new tax, but a way to improve the ability of the Bureau of Internal Revenue (BIR) to collect VAT from digital services.<\/span><\/p><p><span style=\"font-weight: 400; font-size: 14pt;\">\"The government assured that this tax will not stop innovation or growth,\" added Marcos.<\/span><\/p><p><span style=\"font-weight: 400; font-size: 14pt;\">Republic Act 12023 expanded the scope of VAT to include all digital services used in the Philippines, even if they do not have a physical presence here. This includes purchases from platforms such as Amazon, Shein, Temu, and subscriptions to services such as Netflix and Disney+, which were previously exempt from tax.<\/span><\/p><p><span style=\"font-weight: 400; font-size: 14pt;\">What is referred to as \u201cdigital service providers\u201d are businesses that offer services through the internet or other electronic networks. These include online search engines, e-marketplaces, cloud services, online advertising platforms, and digital goods.<\/span><\/p><p><span style=\"font-weight: 400; font-size: 14pt;\">12% VAT will be levied on gross revenue from digital services and other related transactions.<\/span><\/p><p><span style=\"font-weight: 400; font-size: 14pt;\">In addition, nonresident digital service providers must register with the BIR if their sales in the previous year exceeded P3 million. It is now the responsibility of these providers to collect and remit VAT, and they must appoint a local representative or agent in the Philippines. Companies that do not comply may be suspended.<\/span><\/p><p><span style=\"font-weight: 400; font-size: 14pt;\">However, there are some services that are exempt from VAT, including:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-size: 14pt;\">Online courses, seminars, and training offered by private schools accredited by DepEd, CHED, or TESDA<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-size: 14pt;\">Online subscription services sold to DepEd, CHED, TESDA, or recognized educational institutions<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-size: 14pt;\">Services offered by banks and non-bank financial intermediaries, including services offered on digital platforms<\/span><\/li><\/ul><p><span style=\"font-weight: 400; font-size: 14pt;\">The new law is expected to raise P105 billion over the next five years, with an estimated P7.25 billion to be collected by 2025 if a 50% compliance rate is reached. Of the total revenue, 5% will go to the creative industry.<\/span><\/p><p><span style=\"font-weight: 400; font-size: 14pt;\">\"This means that our artists, filmmakers, and musicians will directly benefit, helping them succeed in the competition in the digital space,\" said Marcos.<\/span><\/p><p><span style=\"font-weight: 400; font-size: 14pt;\">The implementing rules and regulations (IRR) of the law will be drawn up within 90 days, following a 120-day transition period for the BIR to fix the necessary system.<\/span><\/p><p><span style=\"font-weight: 400; font-size: 14pt;\">This law, which is a priority of the Marcos administration, was passed by the Senate on May 20. According to Senate President Francis Escudero, it ensures fair competition between local and digital service providers.<\/span><\/p><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Kamakailan ay pinirmahan ni Pangulong Ferdinand Marcos Jr. ang isang batas na nagpapataw ng 12% value-added tax (VAT) sa mga nonresident digital service providers tulad ng Netflix, Amazon, at Shein.\u201cMalinaw ang batas na ito: kung kumikita ka ng totoong pera sa merkado ng Pilipinas, dapat totoo rin ang iyong pananagutan sa buwis,\u201d sabi ni Marcos 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ang iyong pananagutan sa buwis,\u201d sabi ni Marcos noong pirmahan ang batas noong Oktubre 2.Nilinaw niya na hindi ito bagong buwis, kundi isang paraan upang mapabuti ang kakayahan ng Bureau of Internal Revenue (BIR) na mangolekta ng VAT mula sa mga digital services.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gr888.co\/en\/review\/28394\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pinirmahan ni Marcos ang Batas na Magpapataw ng 12% VAT sa Nonresident Digital Service Providers - GR GLAMRITZ\" \/>\n<meta property=\"og:description\" content=\"Kamakailan ay pinirmahan ni Pangulong Ferdinand Marcos Jr. ang isang batas na nagpapataw ng 12% value-added tax (VAT) sa mga nonresident digital service providers tulad ng Netflix, Amazon, at Shein.\u201cMalinaw ang batas na ito: kung kumikita ka ng totoong pera sa merkado ng Pilipinas, dapat totoo rin ang iyong pananagutan sa buwis,\u201d sabi ni Marcos noong pirmahan ang batas noong Oktubre 2.Nilinaw niya na hindi ito bagong buwis, kundi isang paraan upang mapabuti ang kakayahan ng Bureau of Internal Revenue (BIR) na mangolekta ng VAT mula sa mga digital services.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.gr888.co\/en\/review\/28394\/\" \/>\n<meta property=\"og:site_name\" content=\"GR GLAMRITZ\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/grglamritz\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-02T08:39:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.gr888.co\/wp-content\/uploads\/2024\/10\/Pinirmahan-ni-Marcos-ang-Batas-na-Magpapataw-ng-12-VAT-sa-Nonresident-Digital-Service-Providers.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"937\" 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GLAMRITZ","isPartOf":{"@id":"https:\/\/www.gr888.co\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.gr888.co\/review\/28394#primaryimage"},"image":{"@id":"https:\/\/www.gr888.co\/review\/28394#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/www.gr888.co\/wp-content\/uploads\/2024\/10\/Pinirmahan-ni-Marcos-ang-Batas-na-Magpapataw-ng-12-VAT-sa-Nonresident-Digital-Service-Providers.jpg?fit=1920%2C937&ssl=1","datePublished":"2024-10-02T08:39:22+00:00","dateModified":"2024-10-02T08:39:22+00:00","description":"Kamakailan ay pinirmahan ni Pangulong Ferdinand Marcos Jr. ang isang batas na nagpapataw ng 12% value-added tax (VAT) sa mga nonresident digital service providers tulad ng Netflix, Amazon, at Shein.\u201cMalinaw ang batas na ito: kung kumikita ka ng totoong pera sa merkado ng Pilipinas, dapat totoo rin ang iyong pananagutan sa buwis,\u201d sabi ni Marcos noong pirmahan ang batas noong Oktubre 2.Nilinaw niya na hindi ito bagong buwis, kundi isang paraan upang mapabuti ang 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