- The Philippine Bureau of Internal Revenue issued BIR Ruling No. ITAD-003-25 on Jan. 7
- The ruling grants a VAT exemption to the United Arab Emirates (UAE) Embassy for locally purchased goods and services
- The UAE Embassy and its diplomatic personnel in the Philippines will receive a point-of-sale VAT exemption
- They will also be given VAT certificates for the exemption
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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