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Tolentino seeks removal of 12% VAT on power rates

Summary by Manila Bulletin
BACOLOD CITY – Sen. Francis Tolentino pushed the removal of the 12 percent Value-Added Tax on power rates to reduce the cost of electricity and lower the prices of goods and services that rely on power.TOLENTINOIn an interview at Nature’s Village Resort in Talisay City, Negros Occidental on Friday, Feb. 21, Tolentino reiterated his efforts to make electricity more affordable. He said that an amendment to the National Internal Revenue Code would …

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Manila BulletinManila Bulletin

Tolentino seeks removal of 12% VAT on power rates

BACOLOD CITY – Sen. Francis Tolentino pushed the removal of the 12 percent Value-Added Tax on power rates to reduce the cost of electricity and lower the prices of goods and services that rely on power.TOLENTINOIn an interview at Nature’s Village Resort in Talisay City, Negros Occidental on Friday, Feb. 21, Tolentino reiterated his efforts to make electricity more affordable. He said that an amendment to the National Internal Revenue Code would …

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IKOT.PHIKOT.PH

TOLENTINO BACKS DEVELOPMENT OF PANAY ECONOMY

Senate Majority Leader Francis Tolentino expressed his full support to key government programs seeking to accelerate economic development in Panay Island. At the press conference of the Alyansa Para sa Bagong Pilipinas senatorial candidates held in Iloilo City, Tolentino said that he is “all for the completion” of the 210-kilometer Iloilo-Capiz-Aklan Expressway (ICAEx). The expressway project will traverse two cities and 20 municipalities in thr…

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IKOT.PH broke the news in on Friday, February 21, 2025.
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