On 13 June 2025, the Philippine Department of Finance announced a VAT exemption for certain medicines to treat cancer, diabetes, dialysis, hypertension, high cholesterol, and mental illnesses.
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More medicines for cancer, diabetes, dialysis, hypertension, high cholesterol, and mental illnesses are now VAT-free
Finance Secretary Ralph G. Recto has ordered the Bureau of Internal Revenue (BIR) to swiftly implement the value-added tax (VAT) exemption on the expanded list of medicines for …