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Maroc Maroc - JOURNAL.COM.PH - A La Une - 12/Dec 11:46

PBBM Enacts PSAC-Backed Laws on VAT Refunds and Hotel Incentives

President Ferdinand R. Marcos Jr. has signed into law a measure inspired by the Private Sector Advisory Council’s (PSAC) recommendation to offer value-added tax (VAT) refunds to non-resident tourists. This initiative aims to stimulate tourism spending, promote Filipino craftsmanship, and position the Philippines as a premier global destination. The new law allows non-resident tourists to […]

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