Estrada bats for VAT refund for PH tourists
(MANILA STANDARD) Jinggoy Ejercito Estrada is calling for the legislation of a value-added tax (VAT) refund mechanism for foreign tourists to further boost visitor arrivals in the country. He said this will allow foreign tourists to get a rebate of the 12% VAT on goods they bought from the Philippines, similar to the practice of other countries.…
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