Philippines Imposes 12% Value-Added Tax on Netflix, HBO Services
3 months ago
The Philippines is going to impose a 12% Value-Added Tax on streaming services, such as Netflix and HBO. This is part of the broader move by the government in capturing taxes from such digital services that have seen a rise in their consumption throughout the COVID-19 pandemic.
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Turkey Shelves Plans to Tax Gains from Stocks and Crypto Market
3 months ago
In a major development, Turkey has shelved a plan to levy a tax on gains from both the stock and cryptocurrency markets, to spur the financial markets and bolster the number of investors in the midst of whirling economic fluctuations.
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