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Description
On 8 November 2024, the government of the Philippines issued Republic Act No. 120661, providing VAT exemptions on imports conducted by domestic enterprises with at least PHP 15 billion (USD 255 millio...
Intervention Details
Intervention Type
Internal taxation of imports
MAST Chapter
F: Price-control measures, including additional taxes and charges
Implementation date
23 Nov 2024
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
all
Affected Sectors
Affected Products
See all
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