Senate passes bill on VAT refund for tourists on second reading
THE SENATE on Monday approved on second reading a measure seeking to set up a value-added tax (VAT) refund system for tourists to encourage visitor spending. Senate Bill No. 2415 aimed to provide nonresident tourists with VAT refunds for local purchases worth at least P3,000. The House of Representatives approved its version on third and […]
Tomas Kauer 
THE SENATE on Monday approved on second reading a measure seeking to set up a value-added tax (VAT) refund system for tourists to encourage visitor spending. Senate Bill No. 2415 aimed to provide nonresident tourists with VAT refunds for local purchases worth at least P3,000. The House of Representatives approved its version on third and […]
