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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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[TW] IT documents, audit and leaders

IT documents comes with different names such as the following:
- Manual or handbook,
- Policies and procedures,
- Management systems,
- Project plans.

In the real world we have various names with unique descriptions and purposes when in fact they could be made to do a uniform direction for which actions are based for the entire IT initiatives, probably the longest in IT lifecycle is operation.

The problem is our inclination on something else which is wrong. IT remains an IT area. Business remains a business area.

The same problem is carried out when we conduct IT audit. Most audit are missing the gists in which IT is being used by businesses. We once said that an effective IT audit is conducted by IT people themselves but there is something wrong with that even. Business and accounting people have been doing it with a different bias and preconceived notions which doesn't make the cut for IT direction and audit respectively.

Leaders play the same game and so the problem continues and they are dependent on their technology people to carry out related stuff just like they made their businesspeople do theirs even before technology became the premium facility for doing business.

But the actions are taking technology to make things work and every document created must consider the former always and not the latter. If you've seen the SCF which stands as structure, content and facilities, these has a lot to do with any decent IT work document including any outcome- or case-based education.

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Anonymous said…
I have a feeling this is all realistic in the real world and the methods being used here (I read the whole of iclassed contents, forthright) can be very extensive to regulatory regimes, tacit or not but there's more for a proactive effort for organization's cybersecurity, data privacy, etcetera. I especially like how CITO was opined, which is making technological progress a concerted attempt how we should see things and deal with them way a little better, albeit not much on OT yet.
Wednesday, April 27, 2022 3:16:00 PM
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