Tourist spending to rise nearly 30% with VAT refund law in place — DoT
TOURIST spending is projected to increase 29.8% if the government passes the value-added tax (VAT) refund law for foreign tourists, according to the Department of Tourism (DoT). In a statement on Thursday, the DoT expressed support for the passage of the refund legislation, which it called “a crucial milestone in enhancing the country’s appeal as a […]
Tomas Kauer 
TOURIST spending is projected to increase 29.8% if the government passes the value-added tax (VAT) refund law for foreign tourists, according to the Department of Tourism (DoT). In a statement on Thursday, the DoT expressed support for the passage of the refund legislation, which it called “a crucial milestone in enhancing the country’s appeal as a […]
