Legarda moves to ease household burden with comprehensive VAT reform package
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Source: The Manila Times
Published: 2026-03-22 23:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Philippines, Energy, Tax & Budget
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Snippet:
SENATOR Loren Legarda has filed three complementary measures, aimed at easing the burden on Filipino households by reforming the country’s value-added tax (VAT) system. The proposals lower the general VAT rate, exempt basic goods and services, and correct distortions in electricity billing to ensure fairness and fiscal responsibility.
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