An Act Exempting Electricity Sales from Value-Added Tax, Further Amending for the Purpose Sections 108 and 109 of the National Internal Revenue Code, as Amended
The bill would remove the 12 % VAT on electricity sold by power generators, transmitters, distributors and cooperatives, aiming to lower electricity bills for households and businesses.
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/SBN-61. Status changes over time; check the link for the latest.
SBN-61 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.