Gov’t clarifies rules on zero-VAT
MANILA -The government has issued new rules clarifying its zero-rated value -added tax (VAT) policy for registered businesses, listing the types of services and the purchase of related goods that are not tax-exempt. The Bureau of Internal Revenue (BIR) issued Revenue Regulations No 3-2023, a copy of which was shared to the press by the … Continue reading Gov’t clarifies rules on zero-VAT
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