Categories
Politics

FREEZE 12% VAT ON OIL PRODUCTS – MARCOS

Senator Imee Marcos is calling for a one-year suspension of the value-added tax (VAT) on oil products amid lingering economic difficulties due to the COVID-19 pandemic. Marcos, who chairs the Senate committee on economic affairs, noted another price hike by oil companies that reached per liter increases of P1.15 for gasoline, P0.60 for diesel, and […]