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.
Organization can impress upon with different tasks and responsibilities being attended to regularly by its stakeholders thereby gaining the upper hand in its production relative to smaller ones or individuals with limited workforce, and in a relentless aim a strategy of smaller entities cannot even be subdued, as history would suggest, by the greater ones. Productions caused by technology may not be affected by the number in human resources running it for a very good reason. It is entirely dependent on technology capacity with a leaders’ know-how on the business objective. With strategy, which can be mustered differently in many situations and environment and where the size of the organization is necessarily not a repute is especially true in TICO, most evidently in the area of operational technology with its increasing reliance on data especially nowadays. This is apprehended by those who has organization’s or top decision-maker's responsibility, mostly with leadership position se...