Tag: exemption

LIFT VAT ON OIL PRODUCTS – PIMENTEL

Post author By Hazel Chua
Post date January 29, 2019
No Comments on LIFT VAT ON OIL PRODUCTS – PIMENTEL

Senator Koko Pimentel III has called for the exemption of petroleum products from the coverage of the value-added tax (VAT) to help cushion the impact of the implementation of the second tranche of the fuel excise tax. “As a means of easing the burden on the public, this bill proposes to exempt petroleum products from […]

Tags exemption, fuel excise tax, fuel products, Senator Pimentel, train, train law, VAT

Politics

EXEMPT CANCER, MAINTENANCE MEDICINES FROM VAT – ANGARA

Post author By Hazel Chua
Post date January 28, 2019
No Comments on EXEMPT CANCER, MAINTENANCE MEDICINES FROM VAT – ANGARA

Apart from medicines for diabetes, hypertension and high cholesterol, Senator Sonny Angara will also study the possibility of exempting from the 12-percent value-added tax (VAT) all cancer medications and other available maintenance medicines in the market. Angara is the chairman of the Senate Committee on Ways and Means that deliberated and made possible the VAT […]

Tags Cancer, Cancer Control Act, exemption, maintenance medications, Senator Angara, VAT