Global Trade Alert
Global Trade Alert

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

Announcement

15 Oct 2020

In October 2020, the Philippines issued a regulation exempting VAT and excise tax on the importation of certain essential goods to mitigate the COVID-19 pandemic.

Source

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Number of interventions

4

1 certainly harmful

0 likely harmful

3 liberalising

List of interventions

Implementation date

25 Jun 2020

Revocation date:

19 Dec 2020

Updated: 15 Oct 2020
Tax or social insurance relief

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, su...

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Implementation date

25 Jun 2020

Revocation date:

19 Dec 2020

Updated: 15 Oct 2020
Internal taxation of imports

On 15 October 2020, the Philippines issued the Bureau of Internal Revenue (BIR) Regulation No.28/2020, exempting the VAT on the importation of inputs, raw materials, and equipment necessary for the...

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Updated: 15 Oct 2020
Internal taxation of imports

On 15 October 2020, the Philippines issued the Bureau of Internal Revenue (BIR) Regulation No.28/2020, exempting the excise tax on the importation of alcohol for medical purposes. 

The exci...

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Updated: 15 Oct 2020
Internal taxation of imports

On 15 October 2020, the Philippines issued the Bureau of Internal Revenue (BIR) Regulation No.28/2020, exempting the VAT on the importation of the equipment for waste management.

They inclu...

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