The Department of Finance (DOF) released the draft implementing rules and regulations (IRR) for Republic Act 12079 or the ...
VAT is applied to most goods and services but if you're planning on international travel, there's a good chance you can get a refund on at least some of your VAT payments. What is a value-added ...
One thing that has always captured my attention whenever I watch these vlogs is when the travelers are able to save on their luxury purchases by having the value-added tax (VAT) or sales tax refunded.
Saudi Arabia plans to introduce a value-added tax (VAT) refund system for international ... surpassing Vision 2030’s milestone ahead of schedule. This included 27 million international visitors ...
in the schedule of sales and purchases, the application is automatically classified as high-risk, requiring 100% verification. This new approach should help to expedite the VAT refund process for ...
The micro-purchase app program allows all U.S. Forces VAT-refund program customers in Germany to consolidate and upload their small-purchase receipts on one VAT form each month. “The increase in ...
while European producers get VAT refunds when they export to the United States. "There's a reason why Germany sells us eight times more cars than we sell them, and it's certainly not American ...
The Supreme Court (SC) has clarified the prescriptive periods for value-added tax (VAT) refund claims. In a 21-page decision, the SC Third Division said the 120-day period for the Commissioner of ...
When a VAT-registered company submits its VAT return, there will sometimes be a refund due. This occurs when the business has paid out more in VAT in the qualifying period than it has received.