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Showing posts from March, 2020

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.

Expressed information is key

It must be a great deal, nowadays. Though, not easy to accomplish and as easy as we say it, not impossible to re/construct it considering all the resources being wasted and ruined unwittingly, as the most probable causes ever. Given that we always try hard to be understood every time. With the COVID19 onslaught, or in any manner of emergency cases, it is very important for people to know where to find authoritative information. Mostly, we go to our government and organization's websites, the almost permanent fixture of our public information. We tune in to press conference and telecommunications' alert messaging on behalf of, or directives from the government and, its customers. Sometimes, the news would find us. Governments, international organizations and multinational companies need to have a coordinated strategy how to dispatch information, which can be a guidance what needs to be done and anything special when it comes to the safety and welfare of everyone. Above all, cru...