What happens to a VAT refund claim after it has been finally denied by the BIR or the courts? The usual reaction is to consider the matter closed. The taxpayer claimed a refund, the claim was denied, ...

The European Commission will next week launch an initiative to harmonise forms to claim back value-added tax, in an attempt to reduce the administrative burden faced by businesses. In the absence of ...

For the past years, the tax collection statistics from the Bureau of Internal Revenue (BIR) show that the collection of value-added tax (VAT) has been increasing. In its aggressive effort to ...