When procedures overthrow the merit in VAT refund cases
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Source: The Manila Times
Published: 2026-08-24 02:12 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Tax & Budget, Business & Economy
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Snippet:
FOR taxpayers engaged in zero-rated sales, it is a common scenario to pile up excess input taxes over the years. Now, imagine handing over millions of pesos in excess value-added tax (VAT) to the government and expecting a windfall thereafter through a refund, only to realize that the check vanished in thin air.
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