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Why does my invoice say non-VAT, and can I claim input VAT?

VAT (value-added tax) is a tax added to the price of most goods and services. Banks and financing companies are taxed differently, so your invoice says non-VAT. That’s expected.

You can’t use this invoice to claim input VAT. A note at the bottom of the invoice says so. Consult your tax advisor or the BIR if you’re not sure how to include this invoice in your tax filings.

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