Bloomberg News

Philippines to Collect 12% VAT on Toll Roads Starting Oct. 1

September 29, 2011

Sept. 29 (Bloomberg) -- The Philippines’ Bureau of Internal Revenue will start collecting a 12 percent value-added tax on toll roads starting Oct. 1, Commissioner Kim Henares told reporters in Manila today.

To contact the editor responsible for this story: Cecilia Yap at cyap19@bloomberg.net


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