Topic

System loss charge removal

Latest Daily Tribune news and analysis on System loss charge removal.

  1. FAIR healthcare financing supports medical professionals and protects patients’ access to quality care.

    When the hospital gets the check

    ‘A healthcare system cannot protect patients by quietly asking doctors to subsidize it, any more than it can sustain hospitals by ignoring their costs.’

    4 MIN READ

  3. PNP chief Police General Jose Melencio Nartatez Jr.

    PNP enhances digital warrant system

    The Philippine National Police is strengthening its electronic warrant platform to reduce unserved arrest warrants and speed up court order verification, with…

    1 MIN READ

  5. BIR pilots digital system to track documents

    BIR pilots digital system to track documents

    The BIR is piloting a digital document tracking system to monitor records, strengthen accountability and reduce the risk of misplaced documents across its…

    1 MIN READ

  6. Gov’t drops system loss VAT

    Gov’t drops system loss VAT

    The tax didn’t fix the thing it made more expensive. Why are we so much better at collecting for stolen electricity than stopping it from being stolen?

    2 MIN READ

  8. DILG pushes Unified 911 system expansion

    DILG pushes Unified 911 system expansion

    The DILG is expanding the Unified 911 System to provincial communities, using regional call centers, geo-tagging and local-language support to improve…

    1 MIN READ

  9. DA launches rice processing system

    DA launches rice processing system

    The DA inaugurated a modern Rice Processing System in Cabanatuan City to reduce post-harvest losses, improve rice quality and support Nueva Ecija farmers.

    2 MIN READ

  10. BIR removes vat from system loss charge

    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…

    2 MIN READ

  11. The Bureau of Internal Revenue (BIR)

    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.

    2 MIN READ

  12. THE system loss charge covers electricity that is lost as power moves through transmission and distribution networks.

    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…

    2 MIN READ

  13. BIR plans VAT removal on power system losses

    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…

    2 MIN READ

  15. DA turns to digital data for livestock

    DA turns to digital data for livestock

    The agency has soft launched the Animal Management Information System and Livestock Registry System, bringing together data from the Bureau of Animal Industry,…

    2 MIN READ

  16. IF an Energy Regulatory Commission resolution declaring the System Loss Charge as a government-mandated pass-through cost that should not form part of the gross receipts of generation companies, the NGCP and DUs, for purposes of the 12 percent VAT under the National Internal Revenue Code gets the nod of the BIR, the VAT on the system loss charge will be scrapped, giving immediate and direct relief to electricity users nationwide.

    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 MIN READ