Tag page - VAT suspension

Senator Loren Legarda has called on Malacañang to take a clear stand on the suspension of value-added tax (VAT) on fuel, noting that there are now many pending bills filed to suspend it but there is still no word of assurance from the Palace yet. On Wednesday, April 15, Legarda filed Senate Bill...

If the radical spikes in oil prices will linger in the months ahead, the suspension of excise taxes and possibly even value added tax (VAT) will be on the table as an agenda of the Marcos administration. Senator Sherwin Gatchalian, who is the incoming chairman of the Ways and Means Committee of the...