Marcos orders tax benefits for independent power producers under BOT contracts
Marcos orders tax benefits for independent power producers under BOT contracts
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Marcos orders tax benefits for independent power producers under BOT contracts
PRESIDENT Ferdinand Marcos Jr. has signed an executive order (EO) lowering the real property taxes (RPTs), interests, and penalties on the property, machinery, and equipment of Independent Power Producers (IPPs) operating under a Build-Operate-Transfer (BOT) agreement.
Philippine Canadian Inquirer EO grants tax benefits to IPPs under BOT deals with state firms News
President Ferdinand "Bongbong" Marcos Jr. has directed the granting of real tax benefits to Independent Power Producers (IPP) that are operating under the Build-Operate-Transfer (BOT) scheme contracts with government-owned or -controlled corporations (GOCCs).