Tax benefits alok ni Pangulong Marcos sa Independent Power Producers

By Chona Yu July 28, 2023 - 01:49 PM


Bibigyan ni Pangulong Ferdinand “Bongbong” Marcos Jr. ng real tax benefits ang mga Independent Power Producers (IPP) saa bansa na mayroong operasyon ng Build-Operate-Transfer (BOT) scheme contracts sa mga government-owned or -controlled corporations (GOCCs).

Base sa Executive Order No. 36 na nilagdaan ni Executive Secretary Lucas Bersamin, binibigyan nito ang IPP ng condonation at at babawasan ang singil sa real property taxes.

Nabatid na ilang local government units ang nagpahayag na hindi sakop ng exemptions at privileges ang IPP sa real property taxes.

“While IPPs are taxable entities liable to pay the said RPTs, a substantial portion of the RPT has been contractually assumed by the National Power Corporation/Power Sector Assets and Liabilities Management Corporation under the Build-Operate-Transfer scheme and similar contracts, and therefore carry the full faith and credit of the National Government,” saad ng EO.

“The closure and non-operation by the IPPs, defaulting on their tax obligations with the concerned LGU, will entail substantial losses to the government, force the public to resort to more costly electric power source alternatives, and cause rotating power outages,” saad ng EO stated.



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