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Value-Added Tax

Russia now treats digital assets as property as CBDC faces delay
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5 December, 2024

Russia now treats digital assets as property as CBDC faces delay

Russia's new law caps the tax on digital asset profits at 15%; meanwhile, the Trade Ministry argues that retail outlets...
Philippines to impose 12% VAT on foreign digital services
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2 October, 2024

Philippines to impose 12% VAT on foreign digital services

Philippine President Ferdinand "Bongbong" Marcos Jr. has officially signed Republic Act 112023, mandating a 12% VAT on digital services provided...
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