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BIR: Over 2.2K medicines are now VAT-exempt

Philippine Daily Inquirer

HealthPhilippine Daily Inquirer·Aug 5, 2026·1 min read

BIR: Over 2.2K medicines are now VAT-exempt

MANILA – Over 2,200 medicines are now value-added tax (VAT)-exempt, the Bureau of Internal Revenue (BIR) announced Wednesday. The BIR released Revenue Memorandum Circular (RMC) No. 87-2026, which updated the list of 2,277 VAT-exempt…

View original source — Philippine Daily Inquirer ↗

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