On the retroactive application of VAT exemption

On the retroactive application of VAT exemption


“The law is clear in its intent—to provide fiscal incentives for natural gas development and to ease the burden on consumers. Yet the Marcos administration has chosen to delay implementation, allowing the government to continue collecting excessive VAT from ordinary Filipinos. This is a betrayal of the spirit of RA 12120 and a slap in the face to struggling families.” — BAYAN MUNA Exec. Vice President Atty. Carlos Isagani Zarate

Image by Nuel M. Bacarra/Kodao

The post On the retroactive application of VAT exemption appeared first on Kodao Productions.



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Kodao

Kodao Productions is an award-winning multi-media production outfit. It produces videos on burning social issues in the Philippines, such as environmental destruction, human rights, and other civil liberties. Aside from videos, Kodao also produces radio programs for national radio networks and community radio stations throughout the country. Both its video and radio productions have been awarded and cited by private and government institutions.

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