The measure aims to implement a refund process for foreign tourists, making shopping in the Philippines more attractive compared to neighboring countries with similar VAT refund schemes.
The Department of Finance (DOF) released the draft implementing rules and regulations (IRR) for Republic Act 12079 or the ...
MANILA, Philippines — The Department of Finance (DOF) has released the draft implementing rules and regulations (IRR) for the refund of value-added tax (VAT) on local goods purchased by tourists ...
Filing a tax refund claim brings a sense of anticipation, as taxpayers aim to get back a portion of their hard-earned money. However, the process of obtaining a VAT refund in the Philippines is often ...
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 ...
So be sure you want to put in the effort. It's also important to confirm the store you're patronizing participates in a VAT refund program. Some don't and others have very specific requirements.
DUAL CITIZENS will be allowed to avail of the value-added tax (VAT) refund for tourists if they enter the country using their foreign passport, according to draft implementing rules and regulations ...
system and its replacement with a streamlined VAT refund mechanism. “While we commend the government’s proactive efforts toward digital transformation and economic modernisation, the potential ...
SHANGHAI: One of China's biggest restaurant chains has promised to refund thousands of customers after footage of a patron ...
This has reduced import VAT by R4.3 billion year-on-year after refunds of R280.5 billion.” When it comes to the fuel levy, he said it has also adversely influenced revenue collection.
One Civ fan took to Reddit about their attempts to get a refund on the game through the PlayStation store. They were successful, as they don't feel like the game is worth the money right now.
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