Tax rate by region Philippines

Software licenses, updates, and add-ons (including website security tools)
Mobile apps, video games, and online games
Web-based presentations and seminars (webcasts/webinars)
Digital content like music, documents, pictures, and text
Online advertising platforms
Online marketplaces and comparison websites
Search engine services
Social media platforms
Data storage and website hosting (including cloud storage and file sharing)
Internet-based communication services
Online publications and magazine subscriptions
Payment processing services

Late Filing or Non-Filing of VAT Returns:

A surcharge of 25% of the VAT due for each month of delay.
A compromise penalty ranging from PHP 1,000 to PHP 25,000.
In severe cases, imprisonment for up to 10 years may be imposed.
Late Payment or Non-Payment of VAT:

A surcharge of 12% per annum on the unpaid VAT amount.
A compromise penalty ranging from PHP 1,000 to PHP 25,000.
Imprisonment for up to 6 years in cases of willful neglect or refusal to pay.
Failure to Issue or Improper Issuance of Invoices:

A fine of not less than PHP 1,000 but not more than PHP 50,000.
Revocation of the taxpayer’s authority to print receipts or invoices.
Understatement of Taxable Sales or Overstatement of Input Tax:

A surcharge of 50% of the deficiency tax.
A compromise penalty ranging from PHP 1,000 to PHP 25,000.

The following documents must be kept for 10 years:

Sales invoices, receipts, cash register tapes, and other documents evidencing sales
Purchase invoices, receipts, and other documents evidencing purchases
Import and export documentation
General ledger
Subsidiary ledgers
Cash register tapes
Journal vouchers
Bank statements and deposit slips
Other relevant accounting records
Copies of filed VAT returns (BIR Form 2550M or 2550Q)
Proof of payment of VAT
Any other documents that may be relevant for VAT purposes, such as contracts, agreements, and correspondence with the Bureau of Internal Revenue (BIR)