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To our Global Pinoys in the U.S., catch your favorite Pinoy shows from GMA Pinoy TV, GMA Life TV, and GMA News TV, now available on YouTube TV!
Subscribe now for only $14.99 per month. Visit tv.youtube.com for more details.
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Breaking news and stories from the Philippines and abroad:
GMA Integrated News Portal: http://www.gmanews.tv
Facebook: http://www.facebook.com/gmanews
TikTok: https://www.tiktok.com/@gmanews
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GMA Network Kapuso programs on GMA Pinoy TV: https://gmapinoytv.com/subscribe
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NewsTranscript
00:00The Senate approved the bill that will provide a value-added tax of VAT refund to tourists.
00:06Under the bill, the VAT refund will be given to tourists who will buy local products that will not be deducted from the 3,000 pesos.
00:14In March 2023, the same bill was approved by the Camera.
00:19According to the House Waste and Means Committee, they will recommend that the Senate adopt the Camera version
00:24to speed up the adoption of the bill.
00:27Lawmakers hope that this will generate a large amount of revenue for the government
00:31because tourists who will buy local products will be more eager to buy them.
00:54For more information, go to GMA Pinoy TV and www.gmanews.tv.