The Philippine Exporters Confederation Inc. (Philexport) urged the government to ensure processes and requirements for implementing the 12-percent value added tax (VAT) on indirect exports won't burden exporters and micro, small and medium enterprises (MSMEs).
In a letter to Bureau of Internal Revenue (BIR) Commissioner Cesar Dulay, Philexport President Sergio Ortiz-Luis, Jr. expressed concerns about the impact of Revenue Regulations (RR) 9-2021 that need to be quickly addressed.
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