
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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Latest Daily Tribune news and analysis on Value Added Tax (VAT).

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…
· 1 MIN READ

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…
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The Supreme Court has clarified when the 120-day and 90-day processing periods begin for VAT refund claims under Section 112(A) of the NIRC, detailing rules…
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Rep. Sarah Elago urges removal of 12 percent VAT on basic goods and services, highlighting the 40th EDSA anniversary as a call for socioeconomic reforms.
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San Fernando scraps the 12 percent VAT on water bills starting March, with refunds for VAT collected from 17 November 2025 to February 2026.
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‘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…
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President Ferdinand Marcos Jr. signs a new law granting VAT refunds to foreign tourists, aiming to boost the Philippines' global market presence and stimulate…
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By imposing VAT on both local and foreign digital services, the government is creating a more competitive environment for local digital service providers and…
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The coming months will be crucial as stakeholders assess the law’s impact and look at the shifting landscape of digital services in the Philippines
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