This content is from: Philippines

Philippines clarifies VAT exemption for country’s second largest export

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.

To access our market-driven intelligence please request a trial here.

Read this article – and more – for a 30 day period.


Are you already an ITR subscriber? Log in here

Instant access to all of our content. Membership Options | 30 Day Trial