BIR Regs Implementing RA 8241 on VAT

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Republic Act No. 7716: BIR Regs Implementing RA 8241 on VAT

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Title Source: Supreme Court: BIR Regs Implementing RA 8241 on VAT

Law: Republic Act No. 7716

Decision Date: May 5, 1994

The Expanded Value-Added Tax (VAT) Law imposes a 10% tax on the sale of goods or properties and the sale or exchange of services in the Philippines, with certain exemptions and provisions for registration, invoicing, and withholding.

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