The Bureau of Internal Revenue (BIR) is urging the public to report pharmacies that continue to impose value-added tax (VAT) on medicines that are already exempt, following the issuance of Revenue Memorandum Circulars (RMC) Nos. 59-2025 and 62-2025, which expanded the list of VAT-exempt medicines. In a recent television interview, BIR Commissioner Romeo Lumagui Jr. […]
