A LAWMAKER is pushing to reduce the value-added tax (VAT) on electricity from 12 percent to six percent, noting that the power tax makes the country's electricity rates the third-highest in Asia.
PHILIPPINE business groups are urging lawmakers to pass a general tax amnesty and review the value‑added tax (VAT) on electricity as part of their tax wish list for 2026.
Under the current system, motorists are charged just 5% VAT on electricity used at home compared to 20% in public.
The Court examined whether diesel used through service providers could escape VAT liability. It held that in the absence of proof of purchases from registered dealers, VAT was rightly ...