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.
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)., This news data comes from:http://oms-nq-fetj-gtwv.jyxingfa.com
Recto: No exemption for US tech firms from digital tax
- Pasig fire kills child, injures mother as she tries to save him
- HEADLINES: 15 drug war victims cleared to join Duterte's ICC case | Sept. 7, 2025
- Drones take on Everest's garbage
- Wife of Australian man wanted in police killings urges him to surrender
- Govt eyes charges vs Discayas over 'unfinished' PH Film Heritage Building
- Escudero urges list of unfundable projects for 2026 budget
- Ever dream of having an entry in the Guinness World Records? Here's how to do it
- Nartatez vows to be fair in making reassignments
- Taiwan: China illegally deploying oil rigs in our waters
- Ukraine drone attacks spark fires at Russia's Kursk nuclear plant, Novatek's Ust-Luga terminal.
