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President Marcos okays tax...
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.
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The DOT said it aims to draw 4.8 million tourists to the country this year.
While he granted the tax refund for purchases by foreign tourists, Mr. Marcos also approved the automatic 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.
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.
The privileged reduced travel tax for legitimate spouses of overseas Filipino workers (OFWs), unmarried children of OFWs below 21 years old, and children of OFWs with disabilities even above 21 years old are P400 for first class and P300 for economy class.
The president also gave his go-ahead on the