The issuance aligns with previous tax exemptions granted to mandatory pass-through fees, such as the Lifeline Subsidy and Green Energy Auction Allowance.
House Bill No. 9564 has reignited discussions on whether other everyday essentials should also be spared from VAT.
The government is eyeing higher taxes on sugary drinks, tobacco, vapes, plastics and certain vehicles to offset planned tax relief measures.
Measure seeks to shift the burden away from ordinary taxpayers, raise funds for healthcare, housing, and education.
Calls to tax the country’s wealthiest individuals more have resurfaced after lawmakers renewed their push for an ultra-wealth tax targeting billionaires and other ultra-wealthy Filipinos.…
