VATupdate

Share this post on

BIR clarifies new revised VAT rules for REEs under CREATE Law

The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) No. 152-2022 to provide clarifications and guidelines on the implementation of certain provisions in Revenue Regulations (RR) No. 21-2021 and RMC Nos. 24-2022 and 49-2022 regarding the revised value-added tax (VAT) rules for Registered Export Enterprises (REEs) under the CREATE Law.

Source: grantthornton.com.ph

Sponsors:

VAT news
VAT news

Advertisements: