In a statement, the DOF said foreign services of BPO firms operating within special economic zones (SEZs) will stay value-added tax (VAT)-exempt; meanwhile, those outside SEZs, especially those who had been registered with the Board of Investments, will keep their zero-rated status.
In particular, Finance Undersecretary Karl Kendrick T. Chua said that the proposed first package of the Duterte administation’s comprehensive tax ref…
Keep on reading: BPO firms’ perks to stay under tax reform package, says DOF
Go to Source
Powered by WPeMatico