“Pinatignan po nila sa akin kung puwedeng tanggalan ng VAT ang public utilities, lalong lalo na ang kuryente,” Salceda said in an online press conference.“Definitely, may ganun na instruction ang Presidente,” he added.
President Ferdinand “Bongbong” Marcos, Jr. wants the House ways and means committee to look into the feasibility of removing value-added tax on public utilities, Albay Representative Joey Salceda said Thursday.
“Pinatignan po nila sa akin kung puwedeng tanggalan ng VAT ang public utilities, lalong lalo na ang kuryente ,” he said in an online press conference.The inflation — the rate of increase in the prices of consumer goods and services — jumped tofrom 6.9% in September according to the Philippine Statistics Authority last October 3. The 7.7% inflation rate is the highest in 14 years, also according to PSA.
For one, the lawmaker said the VAT on water bills could be removed, provided that the franchise tax for water concessionaires is increased.
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