“Cutting the BIR requirements of VAT refund to half, is a historic step towards Ease of Doing Business. We hope that with this landmark issuance, taxpayers will realize that the BIR is now a service-oriented agency, not merely a goal-oriented one. We will continue to look for ways that will make the Philippines a haven for businesses and investments”, Commissioner Lumagui stated.
Source: journal.com.ph
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