VATLive > Blog > VATLive > Philippines 14% VAT proposal - Avalara

Philippines 14% VAT proposal

  • VATLive
  • 25 May 2016 | Richard Asquith

Philippines 14% VAT proposal

The Philippines has proposed raising its VAT rate from 12% to 14%. In addition, the government is proposing to widen the goods and services which is subject to the indirect tax.

The move will help to fund changes to personal and corporate income tax.

The proposal have yet to be fully implemented.

Latest news
India extends Sept GST return deadline
October 21, 2018

India has extended by 5 days the deadline for the filing of September's Goods and Services Tax return. The new filing deadline for the GSTR-3B...
Japan confirms 2019 Consumption Tax hike
October 14, 2018

Japan is to confirm this week its plan to complete the second rise in its Consumption Tax, from 8% to 10% in October 2019.  The...
Singapore GST changes
October 6, 2018

The Ministry of Finance in Singapore is to update its proposals to reform its Goods and Services regime following a recent public consultation. The reforms...

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.