Announcement
22 Jan 2020
In January 2020, the Philippines issued a regulation to exempt VAT on the importations of drugs and medicines for several diseases.
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Number of interventions
2
0 certainly harmful
0 likely harmful
2 liberalising
List of interventions
Implementation date
01 Jan 2023
Revocation date:
No revocation date
Updated: 22 Jan 2020
Internal taxation of imports
In force
On 22 January 2020, the Philippines exempted VAT on the import of drugs and medicines for cancer, mental illness, tuberculosis, and kidney diseases through the issuance of Republic Act No. 11467. The ...
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Implementation date
01 Jan 2020
Revocation date:
No revocation date
Updated: 22 Jan 2020
Internal taxation of imports
In force
On 22 January 2020, the Philippines issued Republic Act No. 11467 to exempt VAT on the importations of drugs and medicines for diabetes, high cholesterol and hypertension. The VAT was reduced from 12 ...
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