Filipinas — Carne de Aves

changed: On 8 November 2024, the government of the Philippines issued Republic Act No. 12066, providing VAT exemptions on imports of goods conducted by registered export enterprises whose export sales are at least 70% of the total annual production of the preceding taxable year. The VAT is reduced from 12% to 0%. According to the regulation, the stated objective is to promote the Philippines as a prime investment destination. “With more foreign direct investments that CREATE MORE is expected to generate, more Filipinos will have better employment opportunities that will, in turn, redound to stronger domestic consumption, one of the major drivers of the local economy,” Senator Sherwin Gatchalian said The regulation will enter into force on 23 November 2024.

static: On 13 January 2023, the government of the Philippines issued Executive Order No.13/2023, temporarily reducing import duties on chicken and turkey meats from 40% to 5%. The affected products are classified under the HS codes 02071491 and 02072791. The new duties entered into force on 13 January 2023 and apply until 31 December 2024. The objective was to ensure the supply of food at reasonable prices. Prior to this regulation, the government of the Philippines temporarily reduced import duties on chicken and turkey meats from 2021 to 2022 (see related state act).

static: On 15 January 2021, the government of the Philippines issued Executive Order No.123/2021, temporarily reducing the out-of-quota import duties on chicken and turkey meats from 40% to 5%. The affected products are classified under the HS codes 02071491 and 02072791. The objective was to ensure the supply of food at reasonable prices. The regulation entered into force from 15 January 2021 to 31 December 2022.

static: During 2020, the government of Philippines decreased the average MFN tariff rate of 3 six-digit HS code(s) when compared to the previous year available in the WTO Tariff Download Facility. The WTO Tariff Download Facility 'contains comprehensive information on Most- Favoured-Nation (MFN) applied and bound tariffs at the standard codes of the Harmonized System (HS) for all WTO Members. When available, it also provides data at the HS subheading level on non-MFN applied tariff regimes which a country grants to its export partners. This information is sourced from submissions made to the WTO Integrated Data Base (IDB) for applied tariffs and imports and from the Consolidated Tariff Schedules (CTS) database for the bound duties of all WTO Members.'