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LOOK:| WHY WAS VAT EVEN ADDED? Senator Marcoleta Insists on Removing the 12% VAT on Electricity. MANILA, Philippines – Senator Rodante Marcoleta has reiterated his proposal to remove the 12% Value Added Tax (VAT) on electricity charges, which he says will help lower costs for citizens and benefit the country's economy. In a statement, Marcoleta emphasized the severe impact of high electricity costs on the daily lives of Filipinos, especially amid the current economic challenges. According to the
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LOOK:| WHY WAS VAT EVEN ADDED? Senator Marcoleta Insists on Removing the 12% VAT on Electricity. MANILA, Philippines – Senator Rodante Marcoleta has reiterated his proposal to remove the 12% Value Added Tax (VAT) on electricity charges, which he says will help lower costs for citizens and benefit the country's economy. In a statement, Marcoleta emphasized the severe impact of high electricity costs on the daily lives of Filipinos, especially amid the current economic challenges. According to the
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