By Justine Irish D. Tabile, Senior Reporter
THE NATIONAL GOVERNMENT (NG) expects value-added tax (VAT) and related sales tax collections to rise by 12.8% in 2027, outpacing overall tax revenue growth despite the current weakness in household consumption.
The 2027 Budget of Expenditures and Sources of Financing (BESF) showed that the VAT and related sales tax collections are expected to increase to P860.03 billion next year from the P762.42-billion program for 2026.
The tally covers VAT and related sales taxes collected by the Bureau of Internal Revenue (BIR), net of VAT refunds, but excludes VAT on imports collected by the Bureau of Customs (BoC).
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