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HB 1616Officially reportedPending in committee

Exempting System Loss Charge From The Value-Added Tax

An Act Exempting The System Loss Charge Component In The Sale Of Electricity By Distribution Companies And Electric Cooperatives From The Coverage Of The Value-Added Tax, Amending For The Purpose Section 109 Of The National Internal Revenue Code Of 1997, As Amended

Description

Subjects: Electric Cooperatives; National Internal Revenue Code (NIRC); Tax Exemption; Taxes (Value-Added Tax / Vat)

Legislative progress

FiledCommitteeOne chamberBoth chambersLaw
  1. Jul 14, 2016
    Filed
  2. Dec 4, 2017
    Pending in committee

Authors (22)

Pantaleon Alvarez
Representative
Isagani Amatong
Representative
Rodel Batocabe
Representative
Lianda Bolilia
Representative
Peter Calderon
Representative
Winnie Castelo
Representative
Dax Cua
Governor
Rudy Fariñas
Representative
Noli Fuentebella
Representative
Sharon Garin
Representative
Delphine Lee
Representative
Maximo Rodriguez Jr
Representative
Xj Romualdo
Governor
Orestes Salon
Representative
Danny Suarez
Representative
Helen Tan
Representative
Carlos Uybarreta
Representative
Lord Velasco
Representative
Kaloi Zarate
Representative
Manuel Zubiri
Representative