Vat Group AG ADR (VACNY)
Market Closed
15 Oct, 08:00 PM
$
75. 77
-0.37
-0.4859%
$
24.35B Market Cap
52.25 P/E Ratio
30.6% Div Yield
5,080 Volume
6.1 Eps
$ 76.14
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Philippines Imposes 12% VAT on Tech Giants' Digital Services
The Philippines has announced a 12% value-added tax (VAT) on digital services provided by major tech companies such as Amazon, Netflix, Disney, and Alphabet. This move is intended to level the playing field for domestic retailers.
Gurufocus | 2 years ago
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