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Maroc Maroc - BUSINESSMIRROR.COM.PH - A La Une - 16/Sep 16:06

VAT-refund mechanism for foreign tourists opposed

THE Senate minority last Monday aired “strong opposition” to a measure setting up a “VAT Refund Mechanism for Non-Resident Tourists,” saying it will unjustly take away P4 billion from Filipino taxpayers without fulfilling the intended goal of drawing in more tourists or boosting that sector.

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