One significant addition recently introduced in our tax laws is Republic Act (RA) 12079, which provides Value-added tax (VAT) ...

ONLY purchases for personal consumption made in brick-and-mortar stores accredited by a government-appointed contractor are covered by the new value-added tax (VAT) refund program for foreign tourists ...

Delays in processing VAT refunds are making it difficult ... Additionally, inefficiencies in tax administration have further complicated the process. For example, import VAT remains locked within ...

that will operationalize the value-added tax (VAT) refund measure. The measure aims to implement a refund process for foreign tourists, making shopping in the Philippines more attractive compared ...

The Revenue Department has already fulfilled 83% of personal income tax refund requests, according to the department chief.

The retail industry is expecting to see a revenue boost following the signing of rules to implement the value-added tax refund for foreign tourists.

Recto said the law offering value-added tax (VAT) refunds for tourists will have a multiplier ... Mr. Recto said the Philippines must have a simple, accessible, and culturally inclusive VAT refund ...

MANILA, Philippines — The government expects inbound tourism to further pick up following the signing of the implementing rules and regulations (IRR) for the value-added tax (VAT) refund for ...