It’s More (Re)Fun(d) in the Philippines – A VAT Refund Legislation for Foreign Tourists!
It’s More (Re)Fun(d) in the Philippines – A VAT Refund Legislation for Foreign Tourists! By: Atty. Gerard Ceasar S. Baguio What better way to end a vacation than claiming Value-Added Tax (VAT) or Sales Tax refunds as you wait for your flight back home? Many countries recognize the benefit of encouraging tourists to shop locally […]
Now Loading…VAT on Digital Services
Now Loading…VAT on Digital Services by: Atty. Karlene Erika Liao On October 2, 2024, President Ferdinand R. Marcos, Jr. signed into law Republic Act No. 12023 or the Value-Added Tax (VAT) on Digital Services Act (the “Act”), which aims to ensure equitable tax treatment of all digital businesses providing services in the Philippines and generate […]