菲律宾是世界上手机使用率最高的国家之一，在财政空间紧张的情况下，该国正在利用科技巨头为基础设施和其他政府项目筹集收入。根据菲财政部的数据，未来四年，外国数字服务的增值税预计将产生795亿比索（14亿美元）的收入。Philippine President Ferdinand Marcos Jr. signed a law on Wednesday imposing a 12% value-added tax on non-resident digital service providers including Netflix, HBO, and Disney.
This new law is one of the first revenue priority measures passed during Marcos' administration, covering online search engines, media, advertising, platforms, digital markets, commodities, and cloud computing services.
In a speech at the signing ceremony, Marcos said: "If you reap the benefits of a productive digital economy here, then you should also contribute to its growth." He added that the new law will balance tax revenues between local businesses and international digital platforms.
The Philippines is one of the countries with the highest mobile phone usage rate in the world. In a tight fiscal space, the country is leveraging revenue from tech giants for infrastructure and other government projects. According to the Philippine Department of Finance, the value-added tax on foreign digital services is expected to generate 79.5 billion pesos ($1.4 billion) in revenue over the next four years.
