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Philippine tax for digital services

Soon we will be paying more for digital services, even internet identifier like domain names can be included, and that's a definitive VAT. In PH it's equivalent to 12%. Although, we still have to see invoice for domain names registration and renewal fees being added with VAT. You should be getting reminders from your local and international service providers to key-in your tax details, if you haven't yet done so. We must say, this is especially for those who had to directly acquire digital services with the source and not through local resellers. If you've been dealing with local resellers, your digital services may probably have been subjected with, and had added, VAT included in your payment ever since. You should be, but you have to check it.  For online local retailers, you may have been VAT registered and paying your taxes with or without that digital tax. Don't take this as an advice and ascertain it with your accountant to be sure.
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ISO/IEC 27003:2010 ISMS' implementation guidance

It is new and got published 13 Feb 2010! This standard, accordingly, focuses on the critical aspects needed for successful design and implementation of an Information Security Management System (ISMS) in accordance with ISO/IEC 27001:2005. It describes the processes of ISMS specification and design from inception to the production of implementation plans, obtaining management approval to implement an ISMS, defines a project to implement an ISMS and provides guidance on how to plan the ISMS project, resulting in a final ISMS project implementation plan.

The ISMS or ISO/IEC 27000 family composition:
- 27000 is overview and vocabulary (can be downloaded here for free);
- 27001 is requirements;
- 27002 is code of practice;
- 27004 is measurement;
- 27005 is IS risk management;
- 27006 is requirements for bodies providing audit and certification;
- 27011 is guidelines for the telecommunications industry.

The above are published documents and more from this family of standards are still in development stages.

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