The government should go easy on the proposal to allow foreign tourists to refund the VAT on the goods they purchase during their travel in the Philippines, several senators said. | janebautistaINQ MRamosINQ /PDI
“Will it encourage tourists to come in and spend more and offset possible VAT revenue loss?” Poe asked.
Asked if he would support such initiative, Pimentel said: “Yes, other countries do this as a strategy to attract tourists.” “The government should first respond to the public’s call to remove the VAT on oil so that the price of petroleum products will decrease,” Danilo Ramos, chair of the Kilusang Magbubukid ng Pilipinas , said in a statement.
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