Philippines 14% VAT proposal

May 25, 2016 | Richard Asquith

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 the former VP Global Indirect Tax at Avalara