Philippines Adds 14 More Medicines to VAT-Exempt List

The Bureau of Internal Revenue (BIR) in the Philippines has expanded the list of value-added tax (VAT)-exempt drugs to include 14 more medicines for serious and chronic illnesses, following a presidential announcement.

5 Aug, 21:34 — 5 Aug, 21:34

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inquirerMostly Factual1h ago

14 more meds vs cancer, diabetes, TB, hypertension now VAT-free

MANILA, Philippines — The Bureau of Internal Revenue (BIR) has added 14 more medicines for serious and chronic illnesses to the list of value-added tax (VAT)-exempt drugs, following President Marcos’ announcement in his State of the Nation Address (Sona) that the roster had already surpassed 2,000. Under Revenue Memorandum Circular No. 87-2026, the BIR said

By mmercado

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Philippines Adds 14 More Medicines to VAT-Exempt List

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14 more meds vs cancer, diabetes, TB, hypertension now VAT-free

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