NGCP tax passthrough questioned

A SENATOR on Monday urged the Energy Regulatory Commission (ERC) to stop the National Grid Corp. of the Philippines (NGCP) from passing on to consumers the 3% franchise tax it is supposed to pay the government.   “The ERC should stop the passthrough,” Senator Sherwin T. Gatchalian said in a statement. “Consumers should not be paying […]

OFW TODAY OFW TODAY
Jul 11, 2023 - 03:37
NGCP tax passthrough questioned
A SENATOR on Monday urged the Energy Regulatory Commission (ERC) to stop the National Grid Corp. of the Philippines (NGCP) from passing on to consumers the 3% franchise tax it is supposed to pay the government.   “The ERC should stop the passthrough,” Senator Sherwin T. Gatchalian said in a statement. “Consumers should not be paying […]