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Oct 7, 2024AT A GLANCE: Republic Act (R.A.) No. 12023 or the "Value-Added Tax on Digital Services Law" is a newly-signed law under President Ferdinand R. Marcos, Jr.'s administration, which imposes a 12% Value Added Tax (VAT) on Digital Service Providers (DSPs), be they resident or nonresident foreign entities.. Sec. 108-A of the National Internal Revenue Code (NIRC), as amended by R.A. No. 12023 ...