Zubiri says VAT refund problems in PH discourage Japanese investors
MANILA, Philippines — Some Japanese firms have subtly signified their plans to transfer their respective businesses to other countries because of the persisting Value-Added Tax (VAT) refund problem in the Philippines, said Senate President Juan Miguel Zubiri on Wednesday. Zubiri, during the opening of the Senate plenary deliberations on the proposed national budget for 2024,
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