The Philippines Bureau of Internal Revenue (BIR) has issued Revenue Regulations (RR) No. 9-2021, which amends certain provisions of RR No. 16-2005, to implement the imposition of 12% VAT on transactions covered under certain sections and other changes.
Source: Orbitax
Latest Posts in "Philippines"
- 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
- Philippines Launches VAT Portal for Non-Resident Digital Service Providers to Simplify Compliance
- Philippine Supreme Court Grants VAT Refund to PEZA Firm for External Purchases