Navigating the complexities of the BIR tax regulations can be difficult for both investors and established corporations. One of the most vital areas to grasp is the difference between various tax statuses, specifically VAT-exempt and zero-rated transactions. What are the Common VAT-Exempt Transactions? Per the NIRC, certain activities are exempted https://lukasahmsx.rimmablog.com/38796141/comprehensive-guide-navigating-value-added-tax-exemptions-in-the-philippines