#California digital law

This update is likely Valve's response to an upcoming California law that takes effect next year. The law will require digital storefronts, like Steam, to explicitly state that customers are only purchasing a license for digital media. The California law is designed to prevent confusion, ensuring that consumers understand what they’re actually buying. signed a law that will impose a 12% value-added tax (VAT) on foreign digital services, a move aimed at leveling the playing field between local and international businesses operating in the Philippines. He noted that this new law ensures that international digital platforms now operate under the same tax rules as local businesses. The law covers a broad spectrum of digital platforms, and with the continued rise of online transactions, the government is hopeful this will bring in much-needed tax revenue. President Marcos also highlighted that this law addresses an imbalance—while local businesses have long been paying taxes, foreign digital platforms were not, despite profiting from the same market. Read more in our articles including "You’re Buying a License, Not a Game - Steam Clarifies" and "PBBM Signs 12% VAT Law on Foreign Digital Services, Including Gaming Platforms".