MANILA: Philippine President Ferdinand Marcos has approved a value-added tax (VAT) refund programme for foreign tourists by 2024 to attract more visitors, the Presidential Communications Office (PCO) said on Sunday (Jan 29). The government collects a 12 per cent VAT on goods consumed within the country. Th
MANILA: Philippine President Ferdinand Marcos has approved a value-added tax refund programme for foreign tourists by 2024 to attract more visitors, the Presidential Communications Office said on Sunday .
The measure is among the proposals a private sector advisory council presented to Marcos recently to boost the tourism industry, including improving airport infrastructure and operations, and promoting tourism investment, the PCO said in a statement.
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