VAT TCC Monetization Program EO

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EXECUTIVE ORDER NO. 68: VAT TCC Monetization Program EO

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Title Source: Supreme Court: VAT TCC Monetization Program EO

Law: Executive Order No. 68

Decision Date: Mar 27, 2012

Executive Order No. 68 establishes a five-year monetization program in the Philippines, allowing qualified VAT-registered taxpayers to receive the cash equivalent of their outstanding VAT Tax Credit Certificates (TCCs) issued under the Tax Reform Act of 1997 and the Tariff and Customs Code of the Philippines.

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