Philippines clarifies VAT exemption for country’s second largest export

Joe Stanley-Smith

June 02 2015

The Filipino Bureau of Internal Revenue (BIR) has updated its position on the VAT exemption on raw cane sugar and raw sugar, clarifying that they will now be treated as one and the same, after pressure from taxpayers and lawmakers.

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Joe Stanley-Smith

Editor ITR

Joe manages ITR’s online and print coverage, and the publication’s events worldwide. He covers a range of tax issues affecting multinational corporations, particularly indirect tax matters and case studies.

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