Pres. Marcos okays tax refund for...

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Revenue collects a 12-percent VAT on goods sold in the country. Travel tax, e-visas inclusion of the travel tax in all airline tickets. Passengers currently have the option to pay the tax in advance with their ticket purchase, online before their flight, or at the airport during the day of their flight.

The Department of Tourism (DOT) recorded 2.65 million visitors from February to December last year—much higher than the 163,879 in 2021, but still significantly lower than the prepandemic level of 8.26 million.

According to the department, the 2.65 million international arrivals translated to P208.96 billion or $3.68 billion in tourism revenues. Of the total arrivals, 2.02 million were foreign tourists while 628,445 were Filipinos based abroad.

Taxable individuals may be charged the full travel tax of P2,700 for first-class flights and P1,620 for economy-class flights. The standard reduced travel tax for minors 2 to 12 years old, journalists whose travel is in pursuit of an assignment, and authorized individuals by the President of the Philippines is P1,350 for first class and P810 for economy class.