Finance Secretary Carlos G. Dominguez III has ordered the Bureau of Internal Revenue to fast-track the issuance of investors’ value-added tax (VAT) refunds that were retroactively affected by a rule ...
She said the DoF may employ more efficient and taxpayer-friendly measures in processing VAT claims, cutting down delays previously seen with the BIR. Senator Sherwin T. Gatchalian has filed a bill ...
Workers inside a detergents manufacturing plant in Nairobi’s Industrial Area. Delays in processing VAT refunds are making it difficult for manufacturers to reinvest in production, pay suppliers on ...