Lawmakers seek to cut VAT on system loss charge in power bills
MANILA, Philippines — Lawmakers filed measures seeking to cut the value-added tax (VAT) collected on the unpopular system loss charge in power bills, in a move aimed at easing what is widely seen as a burdensome levy. Senior Deputy Speaker Ferdinand Hernandez and Marikina Rep. Miro Quimbo, who heads the House ways and means committee,
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