- The Philippine Court of Tax Appeals ruled that input VAT refunds on zero-rated sales can be granted based on Certificates of Compliance, which are public documents and valid evidence. The court also decided that input tax does not need to be directly attributable to zero-rated sales and can be proportionately allocated for VAT refunds.
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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