12% vat on DIGITAL SERVICE - bagong nakaw at pahirap ni Junjun

Here's the Gyst:
Finance Secretary Ralph G. Recto lauds the enactment of a new law that will ensure equitable tax treatment on all digital businesses providing services in the Philippines and boost much-needed revenue collections to aid national development.

Republic Act (RA) No. 12023 or the Value-Added Tax on Digital Services was signed into law by President Ferdinand R. Marcos, Jr. on October 2, 2024.

It levels the playing field between local and foreign digital service providers (DSPs) by mandating a 12% value-added tax on all digital services consumed in the Philippines. At present, only local DSPs are subject to paying the 12% value-added tax.
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TS NOTES: Ngiting tagumpay ang natamasa ng tropa ni Junior dahil sa pag pasa ng 12% Vat on Digital purchases.
heres my unpopular opinion pero hindi ba kaya nga tayo nag shift to digital is para mabawasan yung pahirap
like que/Pila and mapabilis ang process like payment and processing?.
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pati ba naman digital goods? its my personal opinion pero sa liit ng sallary ko pu### yung MAY SERVICE FEE NA
SA PAG PAPA CASH IN - may 12% vat pa sa digital purchase?. dobol nakaw amp..
Digital services include online search engines, marketplaces, cloud services, online media, online advertising, and digital goods.
pinakeelaman pa nila?! for sure malaki pakinabang neto dahil sa digital age - MOSTLY USERS NA TAYO NG INTERNET AND INTERNET PAYMENT.
pero PARDON MY FRENCH! MY RECTO AND FRIENDS na nung nagpa picture taking pa with signage into law. napaka out of touch sa reality ng
mga kurimaw palibasa sumasahod sa sallary grade 31 ranging from ₱262,965 to ₱295,327
ang kakapal ng muka!.
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