Tech Giants Face New VAT in the Philippines: A Game-Changer for Digital Services
The Philippines has taken a significant step in reshaping the dynamics of digital competition within its market by introducing a 12% Value-Added Tax (VAT) on foreign digital services. Signed into law by President Ferdinand Marcos Jr., this new tax is…
### US Senate Scrutinizes Tech Giants’ Strategies Against Foreign Disinformation
On September 18, 2024, the US Senate Intelligence Committee held a crucial hearing with executives from leading tech companies such as Google, Microsoft, and Meta. This focused discussion came in light of increasing concerns regarding foreign disinformation tactics, especially as…
Brazil's New Tax Strategy on Tech Giants: Aiming for Fiscal Goals by 2025
In a proactive approach to address its financial concerns, Brazil’s Finance Ministry has announced plans to introduce new taxes on major technology companies. This move is part of a broader strategy to meet the fiscal goals outlined in the country’s…