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Batangas Rep. Hermilando Mandanas has filed a bill seeking to change the value-added tax (VAT) system to a Value Simplified Tax (VAST) and reducing it from 12 to six percent for the same goods and services.
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VALUE SIMPLIFIED TAX

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abtest

Mandanas files bill to change VAT system

By Paolo Romero | August 6, 2010 - 12:00am

Batangas Rep. Hermilando Mandanas has filed a bill seeking to change the value-added tax (VAT) system to a Value Simplified Tax (VAST) and reducing it from 12 to six percent for the same goods and services.

Headlines