Attention NonResident digital services providers. The House already approved the 2nd reading of House Bill 4122 which is set to impose a 12% VAT charge on all your online transactions.
House Imposes 12% VAT on Digital Transactions of Non-Residents

Attention NonResident digital services providers. The House already approved the 2nd reading of House Bill 4122 which is set to impose a 12% VAT charge on all your online transactions.
The BIR updated rules on e-receipts and invoices, with some businesses, mandated to issue them exclusively. Expert accounting services can help you transition.
On August 16, 2021, the Bureau of Internal Revenue (BIR) issued RMC No. 97-2021 or the Taxation of Any Income Received by Social Media Influencers.