Marcos wants VAT from partially processed ore exports instead of mining tax hike

MANILA, Philippines — President-elect Ferdinand Marcos Jr. is considering introducing a value-added tax (VAT) on exports of partially processed ore as an alternative to increase mining taxes. He, however, said that they have not decided on it with finality and whether this effort would need fiscal measures.  “On the taxation, we’re trying to adjust it … Continue reading Marcos wants VAT from partially processed ore exports instead of mining tax hike