Announcement
08 Apr 2021
In April 2021, the Philippines introduced a regulation to exempt the VAT on the importation of the COVID-19 vaccine.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
01 Jan 2021
Revocation date:
No revocation date
Announced: 08 Apr 2021
Internal taxation of imports
In force
On 8 April 2021, the Philippines issued the Bureau of Internal Revenue (BIR) Regulation No.1/2021, exempting the VAT on the importation of the COVID-19 vaccine.
The VAT was reduced from 12% to 0%.
The...
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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
14571
interventions
186
jurisdictions