Foreign passport holders may apply for a VAT refund for goods purchased from accredited stores that are worth at least P3,000 ...
The Implementing Rules and Regulations (IRR) were signed by Finance Secretary Ralph G. Recto, Bureau of Customs (BOC) ...
The retail industry is expecting to see a revenue boost following the signing of rules to implement the value-added ...
Refund for Non-Resident Tourists Law is expected to attract more foreign visitors and position the Philippines as a premier ...
Foreign tourists can now avail of value-added tax (VAT) refunds in the Philippines, the Department of Finance (DOF) said ...
The government expects inbound tourism to further pick up following the signing of the implementing rules and regulations for ...
ONLY purchases for personal consumption made in brick-and-mortar stores accredited by a government-appointed contractor are ...
MANILA, Philippines — The government expects more foreign tourists coming to the country to splurge after it finally approved the implementing rules and regulations (IRR) for the law entitling ...
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PH now VAT-free for foreign tourists
Officials on Monday signed the implementing rules and regulations for the VAT Refund for Non-Resident Tourists, which would ...
The launch of the value-added tax (VAT) refund mechanism for foreign tourists is a crucial step in positioning the ...
The government is optimistic that the newly implemented value-added tax (VAT) refund program for foreign tourists would ...