DETA ACT: The Digital Economy Taxation Act of 2020 – House Bill 6765
On 19 May 2020, House Bill (HB) No. 6765 or the Digital Economy Taxation Act of 2020 (DETA ACT) was filed in Congress, seeking the enactment of a law entitled “an Act Establishing a Fiscal Regime for the Digital Economy The Covid19 Pandemic affected every Filipinos as the Government placed different regions in various lockdown measures to curb the spread of the virus. It must be noted that the Philippines imposed not just the strictest lockdown restrictions in the Asia-pacific region but the entire world. However, during this period, several businesses have…