Salceda: Taxing digital purchases to lay down e-commerce rules

, this is one of the portions of the economy that's actually rising very fast. And therefore, the earlier you're able to put them in the regular domain of taxation, it's far better," Ways and Means Committee chairman Joey Salceda told CNN Philippines' The Exchange.

"It's sending a very strong positive signal to the rest of the world that the Philippines is preparing for the digital economy by putting already our regime that will regulate our digital economy," he added. The House panel approved the proposal seeking to tax online service providers conducting operations virtually inSenator Grace Poethe bill, saying this might discourage micro, small and medium enterprises trying to make ends meet amid the pandemic from using online platforms.

Salceda, however, clarified MSMEs aren't the target of the tax but rather big companies like Google, Facebook, Lazada and Netflix. He added hat those with annual net income below ₱250,000, sell goods or have assets less than ₱3 million are exempt from paying VAT. Netizens also voiced out concerns against the bill, noting that the pandemic is a bad time to impose more taxes.

E tax nyo na din kaya ang mga vlogger and blogger ang laki ng income ng mga yan eh. That’s why lahat nlang nag vlogger na kahit anu2x kasi malaki ang income. 😬😂

Count on this government to ALWAYS innovate ways to implement additional burden to the people....ALWAYS!! ALWAYS!!🤬🤬

Those in government are so happy about taxing. Those paying taxes are so unhappy with the thieves in government.

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