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VAT on systems loss charge removed, BIR announces

Philippine Daily Inquirer

WorldPhilippine Daily Inquirer·Sep 14, 2026·1 min read

VAT on systems loss charge removed, BIR announces

The Bureau of Internal Revenue (BIR) issued a memorandum circular on Monday, removing the value-added tax (VAT) on the allowable system loss charge within the cap approved by the Energy Regulatory Commission (ERC). ... Keep on reading: VAT…

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