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Politics

ORDANES WANTS 90-DAY VAT SUSPENSION

The death of a motorcycle taxi rider who was lining up for fuel assistance in Quezon City has underscored the urgent need for faster, more dignified forms of economic relief, prompting Senior Citizen Party-list Representative Rodolfo Ordanes to call for a time-bound reduction or suspension of the 12% Value-Added Tax (VAT). “Hindi dapat ganito ang […]

Categories
Politics

VILLAFUERTE BACKS VAT FREEZE ON PETROLEUM GOODS

Camarines Sur (CamSur) Rep. Migz Villafuerte is backing a proposal in the 13-committee House mega panel tackling the global oil shock to suspend for two months the collection of the Value Added Tax (VAT) on petroleum products, “to relieve the burden of the now outrageous fuel prices, which, unless eased, could possibly shove as many  1.34 […]