The Private Sector Advisory Council reiterates their support for taxing digital services, e-governance, and the creation of the Department of Water Resources
This is AI generated summarization, which may have errors. For context, always refer to the full article.
The bill seeking to impose value-added tax on digital services, the E-governance bill, and the bill creating the Department of Water Resources and Services, which are backed by the Private Sector Advisory Council , have been approved on third and final reading by the House of Representatives. The Department of Finance earlier noted that this is not a new tax, but only seeks to clarify which digital services to tax. The DOF went on to say that it was not fair to only tax traditional businesses like restaurants, but not online platforms like Netflix.House Bill No. 7327 aims to “transition of the government to e-Governance in the digital age” and create the Philippine Infostructure Management Corporation.
The proposed measure intends to create the E-Government Masterplan, which will be the blueprint in developing e-government services.Water agency
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Economic cha-cha to boost jobs in RE sector—DOEDefining the News
Read more »
Real estate sector sustains expansionDefining the News
Read more »
DHSUD codifies requirements, procedures in housing sectorDefining the News
Read more »
Cisco, PLDT Enterprise collaborate to bring private 5G to enterprise customers to accelerate industry transformationDefining the News
Read more »
China’s economy shows signs of improvement, but property sector remains weak in early 2024By Zen Soo | AP Business Writer HONG KONG—China’s manufacturing and investment improved in the first two months of the year, while weakness in the property sector weighed on the economy, the National Bureau of Statistics said Monday.
Read more »