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 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...
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