2,277 medicine now VAT-free; 1.2M more workers eyed for tax exemption — BIR
The Bureau of Internal Revenue has expanded the list of VAT-free medicines to 2,277, adding drugs for cancer, diabetes, tuberculosis, hypertension, high…
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79,556 results for “value-added tax (VAT)-exempt medicines”
VAT-free medicines expanded, includes 7 major diseases
Under the latest BIR Revenue Memorandum Circular No. 87-2026, VAT exemptions now cover 708 medicines for cancer, 537 for hypertension, 331 for diabetes, 300…
20 4Ps beneficiaries undergo training on bignay, camote value added products
Twenty 4Ps beneficiaries in Barangay Palale, General Tinio, Nueva Ecija received hands-on training on value-added products from bignay and camote, including…
Removal of excise tax and VAT on fuel products a ‘big factor’, says Pumaren
Representative Franz Pumaren says removing excise tax and VAT on fuel is a “big factor” in easing rising pump prices and protecting consumers’ purchasing…
VAT, oil excise tax suspension vital amid crisis – Quimbo
House Ways and Means Chair Miro Quimbo urges a full suspension of VAT and excise tax on all fuel products, arguing it will give faster, broader relief from…
DoF, BIR issue rules granting natgas transactions VAT exemption
The Department of Finance issues new VAT-exemption rules on indigenous natural gas and power generation under RA 12120, supporting the growth of the Philippine…
Sen. Legarda pushes VAT relief on basic goods as gov’t weighs tax reforms
Senator Loren Legarda proposes VAT cuts and exemptions on basic goods, medicines, and services as the Marcos administration explores tax reforms to ease the…
DTI eyes shift from raw ore exports to value-added minerals
The Philippines has signed a strategic agreement with the United States to boost critical mineral processing, aiming to move beyond raw ore exports and…
PEZA locators not fully VAT-exempt — SC
The Supreme Court clarifies that PEZA-registered companies are not fully exempt from VAT, ruling that zero-rating applies only to goods and services consumed…
10 bagong gamot VAT-exempt na!
BIR naglabas ng bagong listahan ng 10 gamot para sa cancer, diabetes, at iba pa na exempted na sa VAT sa ilalim ng TRAIN Law at CREATE Act.
Solo parents entitled to discounts, VAT exemption, other perks
The Department of Social Welfare and Development (DSWD) reaffirmed its commitment to supporting solo parents nationwide as the celebration of National Solo…
