Tag: VAT Refund

Co-Sponsorship Speech on SBN 2145: VAT Refund Mechanism for Non-Resident Tourists

Co-Sponsorship Speech on SBN 2145 — in substitution of Senate Bill Nos. 2023 and 2148 (filed by SJE) VAT Refund Mechanism for Non-Resident Tourists September 18, 2023 Mr. President, esteemed colleagues:  I rise to co-sponsor Senate Bill No. 2145 under Committee Report No. 106 or the Creation of a VAT Refund Mechanism for Non-Resident Tourists. …
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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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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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VAT refund hinirit sa mga turistang foreign national

(ABANTE) Itinulak ni Senador Jinggoy Estrada ang pagbibigay ng refund sa value-added tax (VAT) ng mga foreign tourist na bibili ng mga produktong gawa sa Pilipinas. Layon ng panukala na mahikayat pa ang maraming turista para bumisita sa bansa at makikinabang din aniya ang mga micro, small and medium enterprises (MSME) sa ganitong hakbang. “Kung…
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