RR No. 13-2018 implements VAT provisions of TRAIN

The BIR issued Revenue Regulations No. 13-2018  implementing the VAT provisions of Republic Act No. 10963 (TRAIN) by amending certain provisions in RR 16-2005 (Consolidated VAT Regulations of 2005). Below are the main provisions as identified by Navarro Amper & Co in their Tax News April 2018. Continue reading