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BIR firms up definition of ecozone logistics providers eligible for zero VAT

THE Bureau of Internal Revenue (BIR) said it has more clearly defined which economic zone logistics service enterprises (ELSE) are entitled to the zero value-added tax (VAT) incentive.

In a memorandum circular, the BIR said it published a clarification of eligible logistics providers as those engaged in “activities in support of exporters.”

Source: bworldonline.com

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