Taxumo understands the importance of being precise and complete when filling out financial documents, especially when it involves Value Added Tax (VAT) in the Philippines. We are always asked by online sellers, professionals, MSMEs, etc. on how to write on a VAT Receipt. This guide will help...
The DGT is required to make a decision on a VAT refund application, on the basis of a VAT audit, within 12 months of the receipt of a complete application. If no decision has been made within 12 months, the application is considered to have been approved. Relevant supporting documents for...
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After paying, I kept the receipt and waited for my turn to go up to the consul’s window and be given my passport back. The moment of truth! I frantically flipped through the pages of my passport until I saw the Chinese visa and felt a wash of happiness and relief over me. Final ...
The same time limits on filing the Objection and for the DGT's decision apply to this type of Objection. Appeals A taxpayer who does not accept the DGT's Objection Decision can file an Appeal (Banding) with the Tax Court within three months of the receipt of the DGT Objection. To the ...