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.
Recto: No exemption for US tech firms from digital tax, This news data comes from:http://mmcbidr.erlvyiwan.com
“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.
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.”
Recto: No exemption for US tech firms from digital tax
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).
- SC orders comment on petitions vs polls
- Protesters storm Discaya compound for second straight day
- HEADLINES: DPWH fires Bulacan engineers, blacklists contractors over anomalous projects | Sept. 5, 2025
- Hontiveros pushes P15,000 salary hike for teachers
- Preliminary report on Lisbon funicular accident expected
- 17 House lawmakers press Marcos administration to raise WPS issue to UN
- SC clarifies rules on land ownership
- India to cut taxes on hundreds of consumer goods to boost local demand following steep US tariffs
- Israel warns Hamas to surrender or face 'annihilation'
- Sotto ousts Escudero in Senate coup
