A total of 16 aspirants on Saturday filed their certificates of candidacy for the May 2022 polls on the second day of the filing period at the Sofitel Philippine Plaza Manila compound in Pasay City.
Published January 9, 2021, 11:21 AM
The “power bloc” of the House of Representatives has sought the passage of a bill seeking to grant tax exemption on real property taxes imposed on machineries owned or controlled by non-stock non-profit distribution utilities.
PHILRECA partylist Rep. Presley de Jesus, APEC partylist Rep. Sergio Dagooc, Ako Padayon partylist Rep. Adriano Ebcas, and RECOBODA partylist Rep. Godofredo Guya lamented that the real property tax (RPT) imposes a financial burden to electric consumers as part of the electric bills’ pass-on charges.
“The business of an electric cooperative is imbued with public interest which gives life to national economic activity and promotes modernization and technological advancement in rural areas. Hence, if the assets used by the electric cooperatives are burdened with these RPTs, the end result would be an increase in electricity bills paid by the end-users,” they said.