Proposed amendments to the VAT zero-rating rules : vimarsana

THE amendments introduced by Republic Act (RA) 11534, or the 'Corporate Recovery and Tax Incentives for Enterprises (Create) Act,' and RA 10963, or the 'Tax Reform for Acceleration and Inclusion (Train) Law,' to our National Internal Revenue Code of 1997 (Tax Code), significantly changed the value-added tax (VAT) landscape in the Philippines.

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