President Trump on Thursday directed federal agencies to study reciprocal tariffs aimed at matching taxes and other economic ...

In a decision promulgated on August 19, 2024, the high court's Third Division upheld that for VAT refund claims filed before June 11, 2014, the 120-day period within which the Commissioner of ...

The Supreme Court (SC) has clarified the prescriptive periods for value-added tax (VAT) refund claims. In a 21-page decision, the SC Third Division said the 120-day period for the Commissioner of ...

THE Supreme Court has provided further clarification on the deadlines for filing a claim for Value-Added Tax (VAT) refund with the Bureau of Internal Revenue (BIR). The ruling, penned by Associate ...

The Court issued the guidelines when it ruled on the case involving Dohle Shipmanagement Philippines Corp. (Dohle), which sought a refund or credit of unutilized input VAT for 2012.

He said the plan to open an airport store is driven by the rehabilitation of the Manila International Airport and the recently signed law granting VAT refunds to non-resident tourists. “We expect the ...

The UAE has granted $790m in tax refunds for nationals building new homes, and also shared details of VAT waivers for tourists. The Federal Tax Authority (FTA) has confirmed that its digital VAT ...

One thing that has always captured my attention whenever I watch these vlogs is when the travelers are able to save on their luxury purchases by having the value-added tax (VAT) or sales tax refunded.

The Federal Tax Authority (FTA) announced on Sunday that it has total approved 34,900 applications by UAE nationals for VAT refunds for the expenses they have incurred for the construction of ...

A DROP in the revenue expected from the energy sector hindered the Government’s ability to pay Value Added Tax (VAT) refunds owed to Small and Medium-Sized Enterprises, Finance Minister Colm ...

The number of outlets registered for VAT-refund increasing to 17,847 outlets by the end of 2024, compared to 16,357 outlets by the end of 2023 – an increase of 9 percent over the previous year ...

While the move may offer short-term relief to the government’s cash flow, the association argued that the costs associated with VAT collection and refunds would negate any potential fiscal benefits.