philstar.com3d
IRR on VAT refund for tourists signed
MANILA, Philippines — The government expects inbound tourism to further pick up following the signing of the implementing rules and regulations (IRR) for the value-added tax (VAT) refund for ...
Philippine Daily Inquirer3d
Foreign tourists in PH now entitled to VAT refund
Finance Secretary Ralph Recto said on Monday that Republic Act No. 12079, or the VAT Refund for Non-Resident Tourist, which President Marcos signed late last year, could generate almost double in ...
BusinessWorld4d
Tourist VAT refund law touted for ‘multiplier effect’
President Ferdinand R. Marcos, Jr. in December signed the Act Creating a VAT Refund Mechanism for Non-Resident Tourists, which is designed to encourage visitors to spend more while travelling in the ...
BusinessMirror3d
More tourism spend seen via VAT refund law
That’s the simple formula for growth,” Recto said. Nonresident tourists or foreign passport holders may apply for a VAT refund from accredited stores for locally purchased goods worth at least ...
Rappler4d
Philippines now VAT-free for foreign tourists
Foreign passport holders may apply for a VAT refund for goods purchased from accredited stores that are worth at least P3,000 MANILA, Philippines – Foreign tourists coming to the Philippines may ...
The Citizen6d
You could pay extra VAT for a year, but forget about a refund if hike is rejected
Badenhorst agreed, stating: “There will not be an entitlement to claim any refund of the VAT which vendors (correctly) paid to Sars [South African Revenue Services] at the higher rate during the ...
Manila Bulletin4d
Philippines launches VAT refund for foreign tourists
The Philippines has officially launched a value-added tax (VAT) refund system for foreign tourists, aiming to significantly boost tourism revenue by encouraging increased spending on local goods.
Manila Bulletin4d
VAT refund law to boost Philippine tourism as shopping hub for foreign tourists—DOT
The implementation of the Value-Added Tax (VAT) Refund for Non-Resident Tourists Law is expected to attract more foreign visitors and position the Philippines as a premier shopping destination in Asia ...
manilastandard4d
VAT refund for foreign tourists now in effect with IRR issuance
Recto cited the need for a “fully functional VAT refund system” and increased inbound tourism to maximize the law’s potential. He vowed to ensure the process is “simple, accessible, and culturally ...
pna3d
VAT refund for foreign tourists seen to boost countryside growth
On Tuesday (March 25, 2025), Senator Sherwin Gatchalian lauds the signing of the implementing rules and regulations of Republic Act No. 12079, otherwise known as the Vat Refund for Non-Resident ...
pna4d
VAT refund system seen to boost PH shopping tourism
Department of Tourism (DOT) Secretary Christina Garcia Frasco (PNA photo by Yancy Lim) MANILA – The Value-Added Tax (VAT) Refund for Non-Resident Tourists Law would enhance the Philippines' appeal as ...