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
To be prolonged: 08 Apr 2021
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
Announced: 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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Liberalising Trade Policy Measures
This Thread tracks liberalising 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
14469
interventions
186
jurisdictions