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    • Australia, France Conclude MoU On BEPS MLI Arbitration
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    • Chile Withdraws Support For New UN Framework Convention
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    • EU Parliament Set To Vote On Landmark Customs Regime Reform
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    • Netherlands Announces 2027 Tax Plan
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    • New Zealand Tables Various GST Law Amendments
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    • Pakistan Guides On Finance Act Amendments
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    • Philippines Waives VAT On Electricity 'System Loss Charges'
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    • UAE Corporate Tax Returns, Payments Soon Due
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    Global Daily Tax News, Philippines Waives VAT On Electricity 'System Loss Charges', (Sep 16, 2026)

    The Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular No. 97-2026 removing VAT on allowable system loss charges.

    Power companies in the Philippines may charge households in the nation for some electricity provided that is not rec ...

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