Adoption of VAT; amendments to tax code

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EXECUTIVE ORDER NO. 273: Adoption of VAT; amendments to tax code

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Title Source: Supreme Court: Adoption of VAT; amendments to tax code

Law: Executive Order No. 273

Decision Date: Jul 25, 1987

Corazon C. Aquino's Executive Order No. 273 establishes a multi-stage value-added tax (VAT) system to replace previous sales and percentage taxes, aiming to simplify tax administration and enhance equity in the taxation of goods and services.

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