VAT Withholding by Government Agencies

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Republic Act No. 7649: VAT Withholding by Government Agencies

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Title Source: Supreme Court: VAT Withholding by Government Agencies

Law: Republic Act No. 7649

Decision Date: Apr 6, 1993

Republic Act No. 7649 mandates government entities to deduct and withhold VAT on purchases of goods and services, ensuring the collection of appropriate taxes and preventing tax evasion, with specific rates and remittance deadlines, as well as the repeal or amendment of inconsistent laws or regulations.

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