- The Philippine Bureau of Internal Revenue issued BIR Ruling No. ITAD-004-25 on February 6, 2025.
- The ruling addresses the Netherlands Embassy’s request for a VAT exemption on locally purchased goods and services.
- The Netherlands Embassy, including its non-diplomatic personnel in the Philippines, are entitled to a refundable VAT exemption on purchases of specified goods and services.
- The exemption applies to invoice amounts over 225 euros (US$236).
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
