Export group makes appeal on 12% VAT

By Anna Leah E. Gonzales

Jun 28, 2021 1:00 am

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.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

PSE cuts capital raising target

'Retaliate': Trump tariff talk spurs global jitters

Production of all-new, PH-made Tamaraw starts

Ex-currency diplomat chosen as next ADB chief

Treasury: 'Aggressive return' to low debt-to-GDP ratio not feasible

Megawide Construction Corp. announces the following Markets and Securities Regulation Department order

New IP road map to support AI use