The government expects inbound tourism to further pick up following the signing of the implementing rules and regulations for the value-added tax refund for foreign tourists.

The Implementing Rules and Regulations (IRR) were signed by Finance Secretary Ralph G. Recto, Bureau of Customs (BOC) Commissioner Bienvenido Y. Rubio, and Bureau of Internal Revenue (BIR) Deputy ...

THE Department of Tourism (DoT) said tourism revenue is expected to rise this year, aided by the new tax refund for tourists.

The retail industry is expecting to see a revenue boost following the signing of rules to implement the value-added tax (VAT) ...

The government is optimistic that the newly implemented value-added tax (VAT) refund program for foreign tourists would ...

The Private Sector Advisory Council (PSAC) said implementing the Value-Added Tax (VAT) refund program for non-resident ...

THE Court of Tax Appeals (CTA) partially granted Tetra Pak Philippines, Inc.’s petition for a refund, ordering the Bureau of Internal Revenue (BIR) to return over P9 million in unutilized input ...