Tags / Electricity Subsidies
Electricity Subsidies
Measures (1)
SBN-1859bill · withdrawn
VAT TREATMENT OF SOCIALIZED ELECTRICITY SUBSIDIES AND STATUTORY CHARGES
Senate Bill No. 1859 aimed to clarify the value-added tax treatment of socialized electricity subsidies and statutory charges under the Electric Power Industry Reform Act of 2001. The bill proposed amendments to the National Internal Revenue Code to address these issues.