Tax Notes
Filing of BIR Form No. 2550-DS for VAT on Sale of Digital Services by NRDSPs
In reference to our Tax Notes article published on February 4, 2025, titled “Implementing Rules and Regulations on VAT on Digital Services”, which discussed the imposition of a 12% Value-Added Tax (VAT) on gross sales derived by non-resident digital service providers (NRDSPs) from the supply or delivery of digital services consumed within the Philippines