Gatchalian: VAT on system loss can already be removed without law
MANILA, Philippines — Senate President Sherwin “Win” Gatchalian on Thursday said the 12-percent value-added tax (VAT) on electricity system loss charges can already be removed even without a law. Gatchalian made the pronouncement during a Senate energy panel hearing on system loss, citing a consultation meeting with Bureau of Internal Revenue (BIR) chair Charlito Mendoza,
Original Source
Read the full article at Newsinfo →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.