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House panel OKs bill imposing VAT on foreign-based digital services

The House Committee Ways and Means on Wednesday, Aug. 17, approved a proposed measure that would impose value-added tax (VAT) on non-resident digital service providers (DSPs), such as Amazon and Google. (Images from Wikipedia) Albay 2nd District Rep. Joey Salceda, committee chairman, said duri

Prudence | Philstar com

Jumpstarting last-mile internet access

With the imminent entry of billionaire Elon Musk’s Starlink satellite broadband service in the Philippines, the aspiration of rural Filipinos for internet access will soon be a reality. Department of Information and Communications (DICT) Secretary-designate Ivan John Uy said he has gotten “very c

DOF: Debt pile could have been bigger

The national debt would have soared to an all-time high of P15.4 trillion by the end of 2022 had the government caved in to legislation to provide additional stimulus to the poorest households, according to the Department of Finance.

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