Reporting of Related Party Transactions - New! Source: BIR Website, click here Section 6 of…
|Simplified way to get a VAT Zero Rating Certificate from the Philippine Economic and Zone AuthorityThe Philippine Economic Zone Authority (PEZA) issued PEZA Memorandum Order (MO) No. 2015-010, 03 November 2015, to simplify the issuance of VAT Zero Rating Certification to qualified PEZA enterprises.
Starting 16 November 2015, the filing of requests for and the issuance of VAT Zero Rating Certificates shall be done through e-mail following the procedures outlined in the MO.
The MO applies to PEZA-registered Enterprises [Export, I.T., Tourism, Medical Tourism, Agri-Export, Facilities, Ecozone Logistics Service Enterprise (ELSE), Utilities], and Ecozone or IT Park/Center Developers-Operators granted entitlement to the VAT zero-rating incentive on their local purchases.
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