Go sees P10B loss from systems loss VAT removal

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Source: The Manila Times
Published: 2026-09-02 02:19 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Tax & Budget, Business & Economy
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Snippet:
THE removal of the 12-percent value-added tax (VAT) on system loss charges will cost the government some P10 billion annually, a Cabinet official said on Tuesday.
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