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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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The ingredients of good cyber security program

I am thinking, if an organization (or rather the world) is to create an effective cyber security initiative, it should have majority if not ALL of the following:

  • Legislation and policy
  • Law enforcement
  • Inline with open and international standards
  • Manpower
  • Multi-stakeholderism
  • Responsibility
  • Global and common strategy
  • Global cooperation
  • Adequate funding
  • Support and resources
  • Carefully planned and designed infrastructure
  • Education and training
  • Innovation
  • Development
  • Fair business practices
  • Clear cut public exposure
  • Goodwill.

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