The Philippines Bureau of Internal Revenue issued in April 2023 Revenue Regulations (RR) No. 3-2023, which provides updates on the VAT zero-rating of certain sales of goods and services and the requirement for VAT zero-rating certification, as follows: ..
Source: Deloitte
Latest Posts in "Philippines"
- Bill Seeks to Halve VAT on Electricity to Lower Power Costs and Boost Investments
- IMF Warns Philippine Tax Amnesty May Delay Debt Reduction, Undermine Long-Term Tax Compliance
- IMF Urges Philippines to Boost Tax Collection, Cut Debt for Sustainable Economic Growth
- Philippine Court Affirms Denial of Input VAT Refund for Non-Qualifying Zero-Rated Sales
- Philippines VAT on Freebies: Compliance Rules for Promo Sales, Deemed Sales, and Documentation
