Bill seeking tax exemption for real property taxes on machineries owned by non-profit distributiion utilities pushed
Published January 9, 2021, 11:21 AM The “power bloc” of the House of Representatives has sought the passage of a bill seeking to grant tax exemption on real property taxes imposed on machineries owned or controlled by non-stock non-profit distribution utilities. PHILRECA partylist Rep. Presley de Jesus, APEC partylist Rep. Sergio Dagooc, Ako Padayon partylist Rep. Adriano Ebcas, and RECOBODA partylist Rep. Godofredo Guya lamented that the real property tax (RPT) imposes a financial burden to electric consumers as part of the electric bills’ pass-on charges. “The business of an elect...