According to a release published by the Philippine News Agency, the government is working with the IMF to conduct a study aimed at improving VAT collection efficiency, including a review of areas that have too many VAT exemptions.
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DOF chief: Gov't to improve VAT collection efficiency
MANILA – The government is working with the International Monetary Fund (IMF) for the conduct of a study aimed at addressing the low value-added tax (VAT) efficiency in the country.
"We actually talked…