The Department of Trade and Industry has assured export groups that the government will resolve their concerns regarding the 12-percent value-added tax (VAT) slapped to indirect exports.

Trade Undersecretary Ceferino Rodolfo said the Bureau of Internal Revenue's Revenue (BIR) Revenue Regulation (RR) 9-2021 "has caused some uncertainty" in the country's export sector during a webinar hosted by the Intergated Development Studies Institute on Friday.

Premium Subscription
Less than P 71 per month
(billed annually at P 850)
  • Unlimited ad-free access to website articles
  • Access to subscriber exclusive website contents
  • Access to the Digital Edition (up to 3 devices)

TRY FREE FOR 30 DAYS
Digital + Print
P 830 per month
(billed annually at P 9,960)
  • Ad-free online access
  • Access to the Digital Edition
  • Print copies**
***Delivery charges may apply to subscribers outside of Metro Manila

(No free trial for this plan)