Several senators on Monday said experts must be consulted on the implementation of the Value-Added Tax (VAT) Refund Program for foreign tourists in 2024 to avoid leakage in revenue collection. Senators Nancy Binay and Sonny Angara welcomed on Monday the approval of the Value-Added Tax Refund Program for foreign tourists. But Sen. JV Ejercito advised weighing its benefits.
Sources:
Latest Posts in "Philippines"
- Philippines BIR Opens Accreditation Applications for Electronic Invoicing Service Providers
- Philippines E-Invoicing Rules and 2026 Compliance Guide
- Philippines Imposes 12% VAT on Digital Services
- Philippines Releases New E-Invoicing Rules Ahead of 2026 Mandate
- Manibela Launches Transport Strike as Fuel Prices and Fares Rise
