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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 200134 [Title] => Government to lose P28B from power sector tax perk bill Teves [Summary] => Government stands to lose billions of pesos in annual revenues once a bill that seeks to extend a controversial tax privilege to the entire electric power industry is passed by Congress, Negros Oriental Rep. Herminio Teves warned over the weekend.
House Bill 4847, which seeks to extend the value-added tax (VAT) zero-rated privileged to firms engaged in the transmission and distribution of electricity, would deprive government of at least P28 billion in revenue each year, according to Teves, House ways and means committee senior vice chair.
[DatePublished] => 2003-03-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
BESIDES MERALCO
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 200134 [Title] => Government to lose P28B from power sector tax perk bill Teves [Summary] => Government stands to lose billions of pesos in annual revenues once a bill that seeks to extend a controversial tax privilege to the entire electric power industry is passed by Congress, Negros Oriental Rep. Herminio Teves warned over the weekend.
House Bill 4847, which seeks to extend the value-added tax (VAT) zero-rated privileged to firms engaged in the transmission and distribution of electricity, would deprive government of at least P28 billion in revenue each year, according to Teves, House ways and means committee senior vice chair.
[DatePublished] => 2003-03-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
March 24, 2003 - 12:00am
Recommended
Sen. Sherwin Gatchalian yesterday belied reports that he was involved in the illegal entry of a Cadillac Escalade at the Edsa bus lane on Sunday night.
2 hours ago
A heated argument over a routine Land Transport Office checkpoint inspection led to the shooting of the LTO assistant district chief in Calapan, Oriental Mindoro and two businessmen, one of whom succumbed to a gunshot wound.
2 hours ago
Describing himself as a law-abiding public servant, Sen. Sherwin Gatchalian broke his silence yesterday about the involvement of his family in the Cadillac vehicle with a Senate protocol plate that illegally entered the EDSA busway.
1 day ago
The luxury vehicle bearing the Senate protocol plate “7” that was flagged down along the EDSA bus lane is a vehicle registered with the Gatchalians, according to the Land Transportation Office.
2 days ago
The Land Transportation Office has resorted to issuing certificates of registration printed on plain bond paper as the National Printing Office missed its security paper delivery.
2 days ago
Lotto Nov 8, 2024
EZ2/LVM - 24 22
SUERTRES - 8 9 4
6D Lotto - 4 6 7 5
6/45 Lotto - 33 9 43 6 45 26
P112,252,998.00
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P106,832,642.00
Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66