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Tag: VAT exemptions

DOF to review proposed VAT exemptions

THE Department of Finance will oppose proposals that will result in lower revenues from value-added tax, Secretary Benjamin Diokno said on Wednesday. Under the existing...

Govt wants to rationalize senior citizens’ VAT exemptions

The Finance Department said it will rationalize the value added tax exemptions enjoyed by senior citizens to make sure the tax reform program will...

VAT finetuning OK’d

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Exemptions for 30 items lifted soon

THE 30 VAT exemptions that the government wants lifted cover:   • Agricultural and marine food products in their original state;  • Livestock and poultry of...
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