Legarda moves to ease household burden with VAT reform package

MANILA, Philippines – Senator Loren Legarda has filed three complementary measures aimed at easing the burden on Filipino households by reforming the country’s value-added tax (VAT) system. The proposals lower the general VAT rate, exempt basic goods and services, and correct distortions in electricity billing to ensure fairness and fiscal responsibility. “Relief must be responsible,”

By jvicente