- Philippine Retailers Association supports new VAT refund rules.
- The rules aim to make shopping in the Philippines more attractive to foreign tourists.
- The association believes the refund system will boost the retail sector by attracting more international visitors.
- The success of the program depends on the efficiency of the refund process and tourist awareness.
Source: business.inquirer.net
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.
