Gatchalian: VAT on system loss can already be removed without law

MANILA, Philippines — Senate President Sherwin “Win” Gatchalian on Thursday said the 12-percent value-added tax (VAT) on electricity system loss charges can already be removed even without a law. Gatchalian made the pronouncement during a Senate energy panel hearing on system loss, citing a consultation meeting with Bureau of Internal Revenue (BIR) chair Charlito Mendoza,