The Bureau of Internal Revenue (BIR) has issued the updated list of value-added tax (VAT)-exempt medicines for various ...

Foreign tourists can now avail of value-added tax (VAT) refunds in the Philippines, the Department of Finance (DOF) said Monday, after signing ...

An uneven playing field is said to be hurting traditional sellers. The Philippine Retailers Association (PRA) wants the ...

The Implementing Rules and Regulations (IRR) were signed by Finance Secretary Ralph G. Recto, Bureau of Customs (BOC) Commissioner Bienvenido Y. Rubio, and Bureau of Internal Revenue (BIR) Deputy ...

Buying video games on Steam may become more costly for Filipino gamers as a 12% value-added tax (VAT) takes effect starting June 1.

Steam, the popular online gaming platform, will implement a 12% value-added tax (VAT) on all purchases in the country ...

The launch of the value-added tax (VAT) refund mechanism for foreign tourists is a crucial step in positioning the Philippines as a premier travel destination in the region, Senator Sherwin Gatchalian ...

Officials on Monday signed the implementing rules and regulations for the VAT Refund for Non-Resident Tourists, which would allow foreign tourists to apply for a value-added tax refund for locally ...

The Private Sector Advisory Council (PSAC) said implementing the Value-Added Tax (VAT) refund program for non-resident ...

The retail industry is expecting to see a revenue boost following the signing of rules to implement the value-added ...

The recent amendments in our tax laws have also brought some changes on the rules in claiming refunds of erroneously paid taxes as well as refund of unutilized input Value Added Tax (VAT) attributable ...