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.
“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., This news data comes from:http://dcvm-ogwj-hhgy-uy.aichuwei.com
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).
- Two foreigners face trafficking complaint in Pasay City
- 2 policemen placed under preventive custody for allegedly molesting a female colleague in Marikina
- North Korea test-fires two 'new' air defense missiles
- Thailand acting PM moves to dissolve parliament — party
- Zelenskyy meets European leaders on Ukraine security guarantees
- Lacson seeks probe of 2 PH contractors' board members for conflict of interest
- Comelec: Postponed village, youth elections not in 2026 budget
- Lacson clears air over conflict with Marcoleta on flood control probe
- Dizon to abolish DPWH internal special investigation team created to look into the flood control anomalies
- COA probes Iqbal on spending of P1.7B in one day
