The bill would let the President temporarily stop or lower the 12 % VAT on fuels like gasoline and diesel when oil prices are high or a national emergency is declared, for up to six months at a time and no more than a year in total, after which the tax returns automatically.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB08838. Status changes over time; check the link for the latest.
HB08838 · Sources: BatasWatch
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.