Para VAT-free shopping: Jinggoy bats for tax refund for tourists
(POLITIKO) Estrada filed Senate Bill No. 2148, titled “An Act Creating a VAT Refund Mechanism for Non-Resident Tourists, adding for the purpose a new Section 112-A to the National Internal Revenue Code of 1997, as amended.” Under the bill, tourists can get a VAT refund on goods amounting at least P3,000 purchased from authorized retailers…
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