![]() ![]() The manufacturing, processing, or repacking of goods for persons or entity that is doing business outside of the Philippines, and the said goods are subsequently exported and paid for by foreign currency and.Sales to persons or entities who are exempted from direct and indirect taxes under special international agreements to which the Philippines is a signatory. ![]() ![]() The transport of passengers and cargo by domestic air or sea vessels from the Philippines to a foreign country.Services rendered to persons engaged in air transport operations or international shipping, including leases of property, provided that these services are exclusively used for air transport operations or international shipping.Sale of services, including the provision of basic infrastructure, maintenance, utilities, repair of equipment, to a registered enterprise.Sale of raw materials, packaging materials, supplies, inventories, and goods, to a registered enterprise and used in its registered activity.The services performed by a VAT-registered person that is subject to VAT exemption are as follows: What services are subject to VAT exemption? 21-2021 is in line with the provisions under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act - the Philippines’ largest fiscal stimulus in history - which offers exporters VAT exemption on their local purchases, among other incentives. WE CAN HELP WITH YOUR TAX COMPLIANCE IN ASIA.
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