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BIR: 14 more drugs VAT-free
MANILA, Philippines — The Bureau of Internal ... used to treat cardiovascular diseases and diabetes. The VAT exemptions apply ...
Foreign digital service providers operating in the Philippines only have four months to comply with the mandatory ...
This law is touted to boost the Philippines' global competitiveness ... Adds that input tax paid on local purchases attributable to VAT-exempt sales shall be deductible from the gross income ...