With the passing of the law on VAT on digital services, the IRR should also clarify the obligations of non-resident DSP operating as online marketplaces. The law provides that online marketplaces ...

REPUBLIC Act (RA) 12023, which imposed value-added tax (VAT) on digital services and amended several provisions of our National Internal Revenue Code (Tax Code), is a game changer in VAT taxation in ...

When a VAT-registered company submits its VAT return, there will sometimes be a refund due. This occurs when the business has paid out more in VAT in the qualifying period than it has received.