Philippines: Exempted VAT and excise tax on certain essential goods to mitigate the COVID-19 pandemic

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Description

On 15 October 2020, the Philippines issued the Bureau of Internal Revenue (BIR) Regulation No.28/2020, granting a selective tax concession to manufacturers of personal protective equipment, surgical a...

Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Jun 2020

Revocation date

19 Dec 2020

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

Affected Products

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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

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