philstar.com

LIST: 21 medicines added to VAT-exempt list

MANILA, Philippines — The Bureau of Internal Revenue (BIR) has expanded its list of medicines which are exempt from the value added tax (VAT). Revenue Memorandum Circular No. 17-2024 released by the ...
GMA Network

FDA: Some cancer, diabetes medicines placed on VAT-exempt list

The Food and Drug Administration (FDA) has added several medicines to the list of VAT-exempt medicines. According to an advisory the following medicines have been placed on VAT-exempt list: In a ...
Moneyweb

Continued calls for expanded zero-rated-for-Vat food items list

Several organisations and consumer bodies have expressed regret over government’s decision to scrap the expansion of the list of food items zero-rated for value-added tax (Vat) following the ...
The Sun

McDonald’s VAT reduction – full list of items that WON’T be cheaper after tax cut

MCDONALD’S has slashed prices on some of its most popular menu items from today thanks to a VAT rate drop. Fast food fans are able to get their chops around a Big Mac or Happy Meal for less because of ...