MANILA, Philippines — Finance Secretary Ralph Recto said the government has neither discussed nor considered granting exemptions for United States technology firms from the Philippines’ newly implemented digital services tax, despite threats of retaliatory tariffs from President Donald Trump., This news data comes from:http://www.gangzhifhm.com
Recto: No exemption for US tech firms from digital tax
“We don’t even know how serious they are on any of that. There have been no communications to us. So there’s nothing to communicate,” Recto told reporters on the sidelines of the Senate hearingon Tuesday, stressing that exemptions for American companies are not yet on the table.
Recto: No exemption for US tech firms from digital tax
Trump recently warned that countries imposing digital taxes on US technology firms would face “substantial additional tariffs” on exports to the US, along with possible export restrictions on “highly protected technology and chips.”
The Philippines began enforcing its digital tax law in June, which subjects nonresident digital service providers such as Netflix, Amazon, and Google to the country’s 12-percent value-added tax (VAT).
- Comelec completes ballot printing for Bangsamoro elections despite redistricting dispute
- HEADLINES: DPWH fires Bulacan engineers, blacklists contractors over anomalous projects | Sept. 5, 2025
- President asks governor to expose irregularities in govt projects
- Globe partners with unconnected.org to provide remote schools with sustainable internet connectivity
- Wildfires producing 'witches' brew' of air pollution – UN
- Trump says he'll keep extending TikTok shutdown deadline
- Japan gives Philippine justice system a boost
- New judge to handle Dengvaxia cases named; hearing set
- Gomez-Estoesta named court administrator by Supreme Court
- Kilauea's eruption is back as the Hawaii volcano shoots lava for the 31st time since December
