By CNN Philippines
The House Ways and Means Committee adopted on Wednesday three tax measures that are part of the Marcos administration’s legislative priorities.
Among those passed by the panel chaired by Albay 2nd District Rep. Joey Salceda was a proposed measure establishing a mechanism for authorities to collect value-added tax (VAT) from non-resident digital service providers.
Salceda argued that the absence of this mechanism is disadvantageous for local streaming providers as the government collects taxes from them, but not from foreign ones like Amazon.
The proposed legislation likewise seeks stronger tax compliance through simplified invoicing and registration requirements for VAT-registered non-resident digital service providers.
The committee also approved the proposed Ease of Paying Taxes Act which trims documentary requirements, allows taxpayers to file returns in any revenue district office, and gets rid of the yearly taxpayer registration fee.
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