According to a release published by the Philippine News Agency, the government is working with the IMF to conduct a study aimed at improving VAT collection efficiency, including a review of areas that have too many VAT exemptions.
Source: Orbitax
Latest Posts in "Philippines"
- Senate Bill Seeks to Remove VAT on Electricity System Losses to Lower Consumer Costs
- Vice Ganda Backs Bam Aquino’s Senate Bill to Lower VAT for Middle Class Relief
- Hontiveros Proposes Removal of VAT on Systems Loss Charges to Lower Electricity Bills
- Hontiveros Seeks VAT Exemption on Electricity Bills for Households Using 150kWh or Less Monthly
- Hontiveros Seeks Removal of VAT on Systems Loss Charges in Power Bills
