VAT refund for foreign tourists proposal approved by House of Representatives

MANILA, Philippines — A proposed measure allowing foreign tourists to claim value-added tax (VAT) rebate for their purchases received approval from legislators at the House of Representatives on Monday. House Bill (HB) No. 7292, which seeks to provide non-resident tourists with VAT refunds for buying qualified goods worth P3,000 and above from accredited stores, got … Continue reading VAT refund for foreign tourists proposal approved by House of Representatives