THE P3,000 ($51) minimum purchase requirement for nonresident tourists to qualify for a value-added tax (VAT) refund is “just right” to ensure small businesses benefit, analysts said.
Foreign tourists can claim a refund on their local purchases as the refund for value-added tax (VAT) for non-resident visitors has been signed into law. President Bongbong Marcos on Monday enacted ...
MANILA, Philippines — Non-resident tourists will soon be entitled to a refund of the value-added tax (VAT) on local goods they purchased, as President Marcos yesterday signed into law a refund ...
Hotel and Restaurant Association Pampanga (HARP) has firmly endorsed the recently enacted legislation that returns non-resident visitors for Value-Added Tax (VA ...