The Department of Finance has confirmed in writing that digital and electronic books remain exempt from value-added tax under Republic Act No. 12023, and that this has been the Department’s position since the law was deliberated in Congress.
Tag: Tax
BIR-led Tax Innovation Challenge Kicks Off Bootcamp with Top 20 Finalists
From over hundreds of entries received for Hack-A-Tax Philippines, an innovation challenge to improve tax services launched in November last year, the most innovative proposals have been selected to complete the top 20 finalists. The Hack-a-Tax Bootcamp kicked off last January 18, 2020 gathering the 20 shortlisted candidates coming from different regions across the Philippines. …
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James Reid, Boy Abunda, Kean Cipriano Happy to be “Tax-Managed” by Tax Whiz Mon Abrea
Read or watched news about celebrities having tax evasion cases before? Well, King of Talk Boy Abunda, Multimedia Prince James Reid and Kean Cipriano won't be part of those headlines as they are happy to be "tax-managed" by the Tax Whiz Mon Abrea. But what about us who don't have the knowledge, time and money …
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