Inquirer.net
MANILA, Philippines – Former Interior secretary and senatorial aspirant Benhur Abalos Jr. is pushing for the removal of the Value Added Tax (VAT) on electricity to lower costs and attract more investments. “The Philippines has the second highest electricity rates in Asia. For investors who want to establish manufacturing plants or car production facilities…
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Abalos: Remove VAT on electric bills and boost economic growth
jvicente
21:24
MANILA, Philippines – Former Interior secretary and senatorial aspirant Benhur Abalos Jr. is pushing for the removal of the Value Added Tax (VAT) on electricity to lower costs and attract more investments. “The Philippines has the second highest electricity rates in Asia. For investors who want to establish manufacturing plants or car production facilities…
