Legarda seeks review of VAT on electricity charges amid rising inflation
MANILA, Philippines – Amid rising inflation, Senator Loren Legarda urged the Bureau of Internal Revenue (BIR), Department of Finance (DOF), and Energy Regulatory Commission (ERC) to immediately review the VAT treatment of electricity bill components that may be unfairly increasing costs. Latest PSA data showed overall inflation rising sharply to 7.2 percent in April 2026,
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