Stay Updated: BIR Extends Deadline for Digital VAT Registration
At Balagot & Emperado CPA’s Co., we make it our mission to keep our clients informed of the latest tax regulations that impact their business. One of the most recent developments involves the Bureau of Internal Revenue's (BIR) updated guidelines for non-resident digital service providers (NRDSPs). The BIR has extended the registration deadline for foreign digital platforms subject to the 12% VAT on digital services in the Philippines.
This update is crucial for businesses that subscribe to, partner with, or operate digital platforms abroad, as it may affect tax responsibilities and compliance procedures moving forward.
Read the full article here:
https://www.globalvatcompliance.com/globalvatnews/philippines-digital-vat-registration/Should you need assistance understanding how this update may affect your company, don’t hesitate to reach out to our team at Balagot & Emperado CPA’s Co. — your trusted partner in tax and financial compliance.