PSAC Lead Convenor and Aboitiz Group President and Chief Executive Officer (CEO) Sabin Aboitiz The Private Sector Advisory Council (PSAC) said the implementation of a value-added tax (VAT) refund system is poised to be a "game-changer" for the country's tourism industry, driving...
Camarines Sur 2nd district Rep. LRay Villafuerte (Rep. Villafuerte's office) Camarines Sur 2nd district Rep. LRay Villafuerte is prodding the concerned agencies to go full blast in crafting the Value Added Tax (VAT) refund system for the local purchases of...
President Marcos has signed into law that aims to attract more non-resident tourists to the country by providing them a Value Added Tax (VAT) Refund System on locally purchased goods.President Ferdinand R. Marcos Jr. signs three measures on Dec. 9, 2024 at the Malacañan Palace. Among the government...
