BIR forgoes taxing electric bill components
The BIR ruling removes the risk of unnecessary costs being baked into electricity bills by clarifying that the collections are merely passing through…
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32,631 results for “Philippines electricity VAT exemption BIR ruling” in 2026
BIR updates tax refund, credit claim rules
The BIR has revised procedures for tax credit and refund claims, clarifying filing requirements, responsible offices and processing timelines for taxpayers…
BIR updates tax refund, credit claim rules
The changes cover claims for excess or unutilized creditable withholding taxes (CWT), as well as taxes erroneously or illegally received or collected and…
BIR removes vat from system loss charge
‘For consumers, the practical effect is straightforward: Once the new rules become effective, VAT will no longer be imposed on the allowable system loss…
BIR removes VAT on system loss charge
The BIR has removed VAT on the allowable system loss charge within the ERC-approved cap, a move expected to lower covered electricity charges for consumers.
BIR clarifies VAT refunds for export firms
Qualified export-oriented enterprises may claim refunds for VAT incurred while awaiting zero-rating certification, provided they met the 70-percent export…
BIR clarifies VAT refunds for export firms
The BIR clarified VAT refund eligibility for export-oriented enterprises during the transition to the new zero-rating certification system.
BIR allows exporters in transition VAT refunds
The BIR clarified that qualified export-oriented enterprises may claim VAT refunds for eligible purchases and importations incurred while awaiting zero-rating…
BIR allows VAT refunds for exporters in transition
The BIR clarified that qualified export-oriented enterprises may claim VAT refunds on eligible purchases and imports made while awaiting zero-rating…
BIR moves to scrap VAT on system loss charge
Electricity consumers could see lower power bills as the BIR moves to remove VAT from allowable system loss charges classified as government-mandated…
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…
ERC ruling puts system loss outside VAT net
An ERC-issued resolution declares allowable system loss charge an inherent government-mandated pass-through cost that does not form part of the gross sales of…
2,277 medicine now VAT-free; 1.2M more workers eyed for tax exemption — BIR
The Bureau of Internal Revenue has expanded the list of VAT-free medicines to 2,277, adding drugs for cancer, diabetes, tuberculosis, hypertension, high…
JV Ejercito files bills to scrap system loss, VAT on electricity
Sen. JV Ejercito has filed Senate Bills 2342 and 2343 to scrap system loss charges and remove the 12% VAT on electricity, aiming to lower power rates for…
BIR clarifies eCAR, ONETT rules
The BIR guidance outlines procedures for filing and paying taxes on property transfers, including sales of real property, shares of stock, donations and estate…
BIR eases rules on club share transfers
The BIR has eased rules on proprietary club share transfers, exempting nominee-to-nominee changes from prior tax rulings when no change in beneficial ownership…
DoF, BIR issue rules granting natgas transactions VAT exemption
The Department of Finance issues new VAT-exemption rules on indigenous natural gas and power generation under RA 12120, supporting the growth of the Philippine…
Senior citizens applaud VAT-free gas, electricity
The BIR enforces VAT removal on indigenous natural gas and electricity, easing power costs for Filipino households, with senior citizens among the biggest…
