HomeBusinessVAT refund limit for tourists ‘just right,’ to benefit MSMEs — analysts

VAT refund limit for tourists ‘just right,’ to benefit MSMEs — analysts

December 25, 2024

THE P3,000 ($51) minimum purchase requirement for nonresident tourists to qualify for a value-added tax (VAT) refund is “just right” to ensure small businesses benefit, analysts said.

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VAT refund limit for tourists ‘just right,’ to benefit MSMEs — analysts

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