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Politics

MAINTENANCE MEDS NOW VAT-FREE UNDER CREATE LAW

Senator Pia Cayetano brought a bit of good news to the public: The exemption of several life-saving medicines and maintenance drugs from the 12 percent value-added tax (VAT) under the Corporate Recovery and Tax Incentives for Enterprises, or CREATE Law (Republic Act No. 11534). Cayetano shared the positive development with local government executives and members […]