VAT refund for foreign tourists proposal approved by House of Representatives

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VAT refund for foreign tourists proposal approved by House of Representatives
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A proposed measure that will allow foreign tourists to claim value-added tax rebate for their purchases has received approval from legislators at the House of Representatives. | GabrielLaluINQ

Despite the overwhelming approval, however, the Makabayan bloc is keeping its opposition to the measure. Makabayan lawmakers said it is not something that the country urgently needs, stressing that VAT exemption for basic commodities is what Filipinos demand right now as prices of goods continue to soar.

“Ipinapahayag ng Kabataan ang aming pagtutol sa bill on VAT Refund for non-resident tourists. Naniniwala tayo na hindi ito ang sagot sa pagpapalakas ng ating tourism industry. Bagkus, ito lamang ay magreresulta sa foregone revenue which we could’ve benefitted from to finance public projects and social services,” Kabataan party-list Rep. Raoul Manuel said after the voting on the bill.

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