The European Union's "VAT in the Digital Age" (ViDA) reform package, approved by the ECOFIN Council on November 5, 2024, is set to bring major updates to the EU VAT system. For businesses outside the ...
Opinion: In 2026, businesses need to plan strategically, adapt to data-driven and automated processes, and integrate ...
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Guidelines in imposing VAT on digital services
THE Bureau of Internal Revenue (BIR) last Jan. 16 issued Revenue Regulations (RR) 3-2025 implementing provisions of Republic Act (RA) 12023 that imposed a 12-percent value-added tax (VAT) on gross ...
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