Philippine Court Denies VAT Refund for Swiss Company’s Regional Headquarters Due to Insufficient Evidence

• The Philippine Court of Tax Appeals issued a decision on input VAT refunds for zero-rated sales.
• The taxpayer was the regional operating headquarters of a Swiss multinational company in the Philippines.
• The taxpayer requested a refund for unutilized and excess input VAT for Q1 2020.
• The Commissioner of Internal Revenue denied the refund request due to lack of substantiation.
• The Court of Tax Appeals found the taxpayer did not prove engagement in zero-rated sales of services.
• Applicants must prove entitlement and comply with all documentary and evidentiary requirements for refund claims.

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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