Tag: Senate Bill 2970
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Tolentino Proposes Bill to Exempt Electricity and Internet from VAT
In a move to alleviate financial pressures on Filipino families and businesses, Senate Majority Leader Francis Tolentino has introduced a bill to eliminate the 12% value-added tax on electricity and internet services. The proposal, Senate Bill No. 2970, was filed on January 31, 2025, and aims to reduce the high cost of electricity in the…
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