Tag page - VAT Refund Scheme for Tourists (VRST)

The enactment into law of the measure providing for a Value Added Tax (VAT) Refund Mechanism for non-resident tourists will boost tourist arrivals in the Philippines beginning next year, Sen. Sherwin Gatchalian said.   Gatchalian, chairman of the Senate Committee on Ways and Means, said he is...

President Ferdinand Marcos R. Marcos Jr. has accepted recommendations from the private sector to extend e-Visa upon arrival to Chinese and Indian nationals and the implementation of VAT Refund Scheme for Tourists (VRST) to further boost tourism in the country. In a statement, the Private Sector...

The Philippines’ tourism industry will experience a boost once the proposed implementation of the value-added tax (VAT) refund program for foreign tourists is implemented, Sen. Sherwin Gatchalian said on Friday, February 17. Gatchalian, chairman of the Senate Committee on Ways and Means, said he...

President Ferdinand "Bongbong" Marcos Jr. has approved the recommendation to implement the Value-Added Tax (VAT) Refund Program for foreign tourists by 2024 to boost tourist arrivals in the country. TOURISTS enjoy the sunset at world-famous Boracay Island in Malay town, Aklan province. (Tara Yap)...