Eight large industry associations and members of the Joint Foreign Chambers in the Philippines urged Congress to retain the zero VAT provisions on companies...
Electronics and semiconductor companies oppose the imposition of a 5-percent value-added tax on locally-sourced materials under the proposed tax reform measure.
The Semiconductor and Electronics...
DUBAI, United Arab Emirates"•Oil-rich Gulf countries, which for decades have attracted millions of foreign workers thanks to their reputation as tax-free havens, aim to...
Retaining the value-added tax exemptions of cooperatives that already enjoy almost all types of tax-free privileges is unfair to the almost 100 million taxpayers...
The Department of Finance (DOF) guarantees that senior citizens and persons with disabilities (PWDs) will retain their exemption from the value-added tax (VAT) under...
The new law exempting Persons with Disabilities (PWDs) from 12 percent Value Added Tax (VAT) takes effect today.
Senator Sonny Angara says, under Republic Act 10754,...