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The Department of Finance (DOF) reiterated yesterday its opposition  to a  proposed measure that seeks to exempt persons with disabilities (PWDs) from paying value-added tax on certain goods and services, saying such a plan is susceptible to abuse and will result in P1.12 billion in foregone revenues for the government.

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UNDERSECRETARY JEREMIAS N

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DOF nixes PWD VAT exemptions

By Zinnia B. Dela Peña | December 7, 2014 - 12:00am

The Department of Finance (DOF) reiterated yesterday its opposition  to a  proposed measure that seeks to exempt persons with disabilities (PWDs) from paying value-added tax on certain goods and services,...

Business