The Bureau of Internal Revenue (BIR) has exempted certain medicines for cancer, diabetes, hypertension and other diseases from the Value Added Tax (VAT).
Source: gmanetwork.com
Latest Posts in "Philippines"
- Philippines Faces Potential Tariffs as Trump Targets Countries with Digital Taxes
- Philippines Announces VAT Exemption on Medicines to Lower Healthcare Costs and Improve Access
- Philippines President Approves VAT Refund Program to Boost Tourism by 2024
- Philippine Court Clarifies Input VAT Refunds for Zero-Rated Sales in Outsourcing Services Case
- Philippine Court Denies VAT Refund for Singapore Firm Due to Insufficient Documentation
