[Ask the Tax Whiz] Should Marcos gov’t cut VAT from 12 to 10% to ease inflation?
![[Ask the Tax Whiz] Should Marcos gov’t cut VAT from 12 to 10% to ease inflation?](/api/image-proxy?url=https%3A%2F%2Fwww.rappler.com%2Ftachyon%2F2026%2F03%2FTOC-oil-crisis-price-hike-us-iran-war-March-10-2026.jpg&w=1200&q=82)
The Philippines has one of the highest VAT rates in ASEAN, yet collection efficiency is only around 35–40%, indicating leakages
Original Source
Read the full article at Rappler →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.