Philippines: Sales Taxes: VAT, GST

SyCipLaw's Tax Department addresses six critical tax questions in its first quarter 2026 bulletin, examining issues from the Solicitor General's entitlement to compromise payments to the implementation of the new Single-Instance Audit Framework. The publication explores complex scenarios involving branch profits remittance taxes, documentary stamp tax on international loan transactions, VAT procedures for ecozone purchases, and the handling of tax liabilities during regulatory transitions.

Yes. In Aces Philippines Cellular Satellite Corporation v. The Commissioner of Internal Revenue ("CIR") (G.R. No. 226680, August 30, 2022), the Supreme Court ("SC") held that payments...

Secretary of Finance issued Revenue Regulations No. 1-2021 (RR No. 1-2021) which implements the tax incentives granted under Republic Act No. 11525, or the "COVID-19 Vaccination Program Act of 2021