The Bureau of Internal Revenue (BIR) announced that Commissioner Romeo D. Lumagui Jr. decided to amend certain provisions of existing revenue issuances pertaining to value-added tax (VAT) zero-rated transactions by issuing Revenue Regulations 3-2023. The same was signed by Department of Finance Secretary Benjamin E. Diokno, a statement by the BIR read.
Source: businessmirror.com.ph
