BIR plans VAT removal on power system losses
The Bureau of Internal Revenue (BIR) is preparing to remove the value-added tax (VAT) imposed on allowable system loss charges in electricity bills, a move…
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66,105 results for “Marcos special powers VAT relief”
The Bureau of Internal Revenue (BIR) is preparing to remove the value-added tax (VAT) imposed on allowable system loss charges in electricity bills, a move…
ERC supports President Marcos’ proposal to remove system loss charges from electricity bills as power distributors call for measures to protect reliability and…
Senators JV Ejercito and Erwin Tulfo have filed twin Senate bills to scrap system loss charges and the 12% VAT on electricity bills, backing President…
Senator JV Ejercito has filed Senate Bills 2342 and 2343 to scrap the system loss charge and remove the 12% VAT on electricity, aiming to lower high power…
Electric consumers and power cooperatives in Eastern Visayas are urging President Marcos to address soaring electricity rates by reforming line loss and…
To strengthen grid reliability, particularly during periods when solar generation — which is expanding, especially in Negros — is unavailable, the DoE is…
The Department of Energy says it is open to proposals to cut VAT on electricity to ease power costs, but warns any move must undergo careful fiscal review by…
Major Philippine business and labor groups are uniting to urge government VAT relief on essential goods like food, fuel, and electricity, warning that rising…
Lawmakers push for relief measures for off-grid power users as fuel prices surge, impacting over half a million households. Discover how proposed interventions…
Philippine exporters urge government to cut VAT on fuel and electricity as rising Middle East oil prices threaten production costs, inflation, and business…
Exporters call on the government to lower the 12% VAT on fuel and electricity to ease rising production costs, citing global oil price hikes linked to Middle…
Senator Loren Legarda proposes VAT cuts and exemptions on basic goods, medicines, and services as the Marcos administration explores tax reforms to ease the…
Senator Rodante Marcoleta files a bill to remove the 12% VAT on electricity sales at all stages to lower power rates, ease financial burdens on Filipino…
Senator Rodante Marcoleta files a bill to remove the 12% VAT on electricity sales, aiming to ease high power costs and improve affordability for Filipino…
‘This law is more than an economic incentive; it is an invitation for the world to experience the creativity, craftsmanship, and hospitality that make our…
President Ferdinand Marcos Jr. signs a new law granting VAT refunds to foreign tourists, aiming to boost the Philippines' global market presence and stimulate…