President Ferdinand R. Marcos Jr. granted tax cuts and penalty condonation to Independent Power Producers (IPP) operating under the Build-Operate-Transfer (BOT) with government-owned or -controlled corporations (GOCCs) to ensure their continued operations. Under Executive Order (EO) No. 36, which was issued on Tuesday through Executive Secretary Lucas P. Bersamin, Marcos…
An executive order grants tax relief to some independent power producers, as their default would entail substantial losses to the government and resort to higher electricity bills
PRESIDENT Ferdinand Marcos Jr. has signed an executive order (EO) lowering real property taxes (RPTs), and interest and penalties on assets of independent power producers (IPPs) operating under Build-Operate-Transfer (BOT) arrangements.
President Marcos grants tax benefits to independent power producers philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
Bongbong Marcos okays realty tax breaks for IPPs inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.