Philippine lawmaker proposes tax targeting tech giants to fund virus fight
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MANILA (Reuters) - A Philippine lawmaker has introduced a bill in parliament aimed at taxing big tech firms such as Facebook , Alphabet's Google and Youtube, Netflix and Spotify , to raise funds to battle the coronavirus.The bill looks to raise 29 billion pesos ($571 million) by imposing a value added tax on digital services provided in the Philippines, a key growth area for e-commerce transactions as its people are among the world's heaviest users of social media."We spent to fight COVID-19..