Philippine BIR Updates VAT Zero-Rating Requirements for RBEs’ Local Purchases

• BIR issued a circular on 2 July 2025 regarding VAT zero-rating for RBEs.
• Sworn declaration by RBE purchasers is no longer needed for VAT zero-rating.
• VAT zero-rating certificate from the investment promotion agency is now the main document required.
• BIR can conduct post-audit verification to ensure purchases are for the RBE’s registered project.
• This clarification follows amendments to regulations on zero-rating conditions for RBEs.

Source: taxathand.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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