Vice Ganda Promotes Senator Bam Aquino’s VAT Reduction Plan VICE GANDA – The television host-comedian highlighted, on the program It’s Showtime, a legislative proposal by Senator Bam Aquino that seeks to lower the Value-Added Tax (VAT) in the Philippines. During a game segment, Vice Ganda explained to a contestant that the senator’s Senate Bill No. … Read more
Ralph Recto Explains Why Lowering VAT Could Harm the Economy RALPH RECTO — The Finance Secretary has warned about the possible negative effects of the proposal to lower the value-added tax (VAT) from 12% to 10%. During a Senate hearing on October 15, 2025, Secretary Recto said that cutting the VAT rate could cause a … Read more
BIR released an order exempting donated gadgets for public schools from VAT, donor’s tax, and ATRIG. The Bureau of Internal Revenue (BIR) released an order exempting donated laptops, personal computers, tablets, or similar equipment used in learning and teaching to public schools from value-added tax (VAT), donor’s tax, and Authority to Release Imported Goods (ATRIG). … Read more