Philippines to offer VAT refund to foreign tourists by 2024 - BusinessWorld Online

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Philippines to offer VAT refund to foreign tourists by 2024 - BusinessWorld Online
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ICYMI: Philippines President Ferdinand Marcos has approved a value-added tax refund programme for foreign tourists by 2024 to attract more visitors, the Presidential Communications Office (PCO) said on Sunday.

MANILA — Philippines 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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