Thank you, Ralph for making what was almost impossible for the Philippines to accomplish a few years ago almost possible under your watch.
Being able to actually tax Netflix is just one of several steps to take, though. Just imagine if we could tax all the others…
To both instant bashers and sober observers: Unfortunately, yes – if DOF succeeds in capturing Netflix, YouTube Premium, Premium X and other foreign online digital services for VAT purposes, the same will be passed on to us, subscribers.
That said, I am looking at the income tax to be collected in case they have local offices and distributors based here. Better to collect than not at all.