Value-Added Tax (VAT) is one of the biggest sources of tax revenue in the world. Our latest Back to Basics video explains why over 160 countries have a VAT. https://bit.ly/3tp28VN | International Monetary Fund
4:34
FacebookInternational Monetary Fund
Value-Added Tax (VAT) is one of the biggest sources of tax revenue in the world. Our latest Back to Basics video explains why over 160 countries have a VAT. https://bit.ly/3tp28VN |
Value-Added Tax (VAT) is one of the biggest sources of tax revenue in the world. Our latest Back to Basics video explains why over 160 countries have a...
131.5K viewsMar 2, 2022
Value-added Tax Explained
Understanding Value-Added Tax (VAT): An Essential Guide
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7 months ago
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💡 TAX TRIVIA! 💡 📢 WHAT IS VAT? Value-Added Tax (VAT) is a form of indirect tax imposed on the sale of goods, properties, and services in the Philippines. It is also levied on the importation of goods into the country. 💡 Simply put, VAT is a tax on consumption. 🔍 Currently, the standard VAT rate in the Philippines is 12%. Stay informed. Stay VAT wise! Follow us for more tax tips and updates. #VAT101 #VATWisePH #TaxMadeSimple #KnowYourTax #RDO18 #OlongapoCity #TaxCompliance #VATWisely | BIR R
💡 TAX TRIVIA! 💡 📢 WHAT IS VAT? Value-Added Tax (VAT) is a form of indirect tax imposed on the sale of goods, properties, and services in the Philippines. It is also levied on the importation of goods into the country. 💡 Simply put, VAT is a tax on consumption. 🔍 Currently, the standard VAT rate in the Philippines is 12%. Stay informed. Stay VAT wise! Follow us for more tax tips and updates. #VAT101 #VATWisePH #TaxMadeSimple #KnowYourTax #RDO18 #OlongapoCity #TaxCompliance #VATWisely | BIR R
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