Under TRAIN Law, documentary stamp tax on B/L up 100%

Stamp tax on several documentations, which include bills of lading and certificates, has doubled under the Philippines’ new Tax Reform for Acceleration and Inclusion…

Marina ups age cap for vessels seeking VAT exemption

The Maritime Industry Authority (Marina) has raised the age limit of vessels that can apply for an endorsement from the Department of Finance (DOF)…

Marina advisory guides PH shipowners on VAT exemption rules

The Maritime Industry Authority (Marina) has adopted guidelines for Philippine domestic shipping owners and operators to follow when applying for an endorsement from the…