Amendments to Expanded VAT Law and Related Code

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Republic Act No. 8241: Amendments to Expanded VAT Law and Related Code

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Title Supreme Court: Amendments to Expanded VAT Law and Related Code

Law: Republic Act No. 8241

Decision Date: Dec 20, 1996

Republic Act No. 8241 amends the Expanded Value-Added Tax Law, establishing a 10% VAT on various services and property leases while outlining specific exemptions and zero-rated transactions to enhance tax compliance and revenue generation.

value

added tax

national internal

END