The Philippine Retailers Association (PRA) is pushing for the implementation of a value-added tax (VAT) refund scheme for foreign tourists to encourage more tourist spending in the country.
In an interview with reporters, PRA chairman Paul Santos expressed support for the implementation of a VAT refund system for tourists, emphasizing that the Philippines is one of the few countries in ASEAN that is not implementing the tax refund scheme.
Source: Zawya
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