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Economy

Philippines eyes tax on Netflix to boost revenue amid pandemic

Manila also targets online giants Google, Facebook, Grab, Spotify and Lazada

A Philippine lawmaker proposes imposing taxes on streaming services like Netflix to raise revenue in the fight against coronavirus.    © Reuters
CLIFF VENZON, Nikkei staff writer | Philippines

MANILA -- Lockdowns imposed to fight the spread of coronavirus have sent local revenues tumbling but online services surging, prompting a Philippine lawmaker to compel tech giants "to pay their fair share."

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