Discussion on Philippine VAT Cut to Ease Inflation

A discussion is ongoing in the Philippines about whether the Marcos government should reduce the Value Added Tax (VAT) from 12% to 10% as a measure to combat inflation.

15 Apr, 03:33 — 15 Apr, 03:33

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RapplerMostly Factual77d ago

[Ask the Tax Whiz] Should Marcos gov’t cut VAT from 12 to 10% to ease inflation?

The Philippines has one of the highest VAT rates in ASEAN, yet collection efficiency is only around 35–40%, indicating leakages

By Mon Abrea

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Discussion on Philippine VAT Cut to Ease Inflation

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[Ask the Tax Whiz] Should Marcos gov’t cut VAT from 12 to 10% to ease inflation?

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