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11 LEDAC priority bills signed last year - Palace
The Philippine Star
|January 02, 2025
Eleven priority bills of the Legislative-Executive Development Advisory Council (LEDAC) were enacted last year, including measures that seek to generate additional revenues, assert the country's maritime rights and attract more investors.
The measures were among the more than a hundred laws signed by President Marcos in 2024 that Malacañang described as "highly valuable and aligned with the government's pursuit of national progress."
"The administration of President Ferdinand R. Marcos Jr. remains on track in achieving its legislative agenda of further expanding the Philippine economy while protecting the welfare of Filipinos and the country's interests," the Presidential Communications Office (PCO) said.
Among the LEDAC priority bills that were enacted this year was the measure that subjects local and foreign digital service providers to a 12 percent value added tax (VAT).
The law aims to strengthen and streamline the authority of the Bureau of Internal Revenue to collect VAT on digital services like digital media, digital music, digital video games, video-on-demand and digital ads.
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