“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
Latest Posts in "Philippines"
- Senate Bill Seeks to Remove VAT on Electricity System Losses to Lower Consumer Costs
- Vice Ganda Backs Bam Aquino’s Senate Bill to Lower VAT for Middle Class Relief
- Hontiveros Proposes Removal of VAT on Systems Loss Charges to Lower Electricity Bills
- Hontiveros Seeks VAT Exemption on Electricity Bills for Households Using 150kWh or Less Monthly
- Hontiveros Seeks Removal of VAT on Systems Loss Charges in Power Bills
