Power firms shouldn?t be revenue cows ? JPE
Editor | Jun 05, 2009 | Comments 0
06/05/2009 The government earns several billions of pesos from taxing power utility firms as well as power generation companies when this should not be the case. According to Senate President Juan Ponce Enrile, ?All over the world, public utilities are never sources of revenues for government coffers. In the Philippines, however, the government imposes taxes on public utility firms which are so…
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