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Philippines' 12% VAT on Digital Services Nets P2.8 Billion

9/29/2025

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Summary

Story summary

Philippines imposes 12% VAT on foreign digital services, raising P2.8 billion since June 2025.
The Bureau of Internal Revenue (BIR) reports 371 registered providers, above 300 forecast.
Revenue includes P1.65 billion from individual subscriptions and P1.14 billion from local businesses using foreign services.
Education and banking services are exempt.
Marcos administration projects over P100 billion in digital-service tax revenue by 2029.

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Story summary

Philippines imposes 12% VAT on foreign digital services, raising P2.8 billion since June 2025.
The Bureau of Internal Revenue (BIR) reports 371 registered providers, above 300 forecast.
Revenue includes P1.65 billion from individual subscriptions and P1.14 billion from local businesses using foreign services.
Education and banking services are exempt.
Marcos administration projects over P100 billion in digital-service tax revenue by 2029.