RA 12079 aims to boost tourism and encourage more foreign tourists to shop and spend more in the Philippines. The IRR states that foreigners may apply for a VAT refund for locally purchased goods from ...

The Implementing Rules and Regulations (IRR) were signed by Finance Secretary Ralph G. Recto, Bureau of Customs (BOC) ...

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

The Philippines, named "Asia's Leading Beach Destination" at the 2024 World Travel Awards, is offering value-added tax ...

The legislation establishes a Value-Added Tax (VAT) refund system for non-resident tourists, aiming to encourage higher spending among foreign visitors and align the Philippines with other leading ...

“The signing of the VAT refund law by our President ... were representatives from key agencies and tourism stakeholders, ...

Officials on Monday signed the implementing rules and regulations for the VAT Refund for Non-Resident Tourists, which would ...

The Philippines is now value-added tax (VAT) -free for foreign tourists with the recent signing of the implementing rules and regulations (IRR) for Republic Act No. 12079, or the VAT Refund for ...

MANILA: The Philippines is now value-added tax (VAT)-free for foreign tourists ... The move aims to boost tourism and encourage foreign tourists to shop and spend more in the Philippines, thereby ...