Senator Pia Cayetano Files Bill Seeking To Impose VAT On Online Transactions

Senator Pia Cayetano

Senator Pia Cayetano: “As the country moves towards more digitalization, so too must our tax regime.” SENATOR PIA CAYETANO — The senator has filed a Senate bill seeking to impose value-added tax (VAT) on online transactions amidst the Philippines’ shift to digitalization and online commerce (e-commerce). Senator Pia has filed Senate Bill 250 or “An … Read more

Joel Villanueva Proposes Law vs Spam Texts or Calls

Senator Joel Villanueva

Senator Joel Villanueva proposed law against spam texts or calls. JOEL VILLANUEVA — The senator has filed a bill that would automatically “opt-out” all subscribers from receiving spam texts or calls. Villanueva, who was the chairman of the Senate labor committee, filed Senate Bill No. 2460 or the proposed “Anti-Spam Act of 2021”, which sought … Read more

BSP Backs Senate Bill Protecting Financial Accounts vs Cybercrime

BSP

The BSP supported a Senate bill protecting financial accounts from cybercrime. BSP — The Bangko Sentral ng Pilipinas said on Saturday that it supported a Senate bill aiming to protect financial accounts from cybercrime. This, as digital transactions in the Philippines continued to increase because of the pandemic. BSP said in a statement that the … Read more