“The impending issuance by the BIR of a circular removing VAT on allowable system loss charges is a welcome development, as this will help ease the financial burden of consumers facing high electricity bills. As I have previously maintained, a new legislation is no longer needed for such purpose, as provided for under the Ease of Paying Taxes Act, which I sponsored and authored.

Para lalo pang maibsan ang pasanin ng consumers, patuloy nating isusulong ang panukalang batas na tuluyang mag-aalis ng  system loss charge sa singil sa kuryente. Susubaybayan din natin ang distribution utilities at electric cooperatives sa pagpapatupad ng VAT removal sa system loss charges, na magsisimula sa kalagitnaan ng buwan.”

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Photo by Mark Cayabyab / OS WIN GATCHALIAN