SEN. Edgardo Angara on Thursday called on the two private water concessionaires Manila Water Co. Inc. and Maynilad Water Service Inc. to do a full refund of some P15 billion in corporate tax payments that they passed on to consumers.
Citing a Supreme Court (SC) ruling on a similar case involving power distribution firm Manila Electric Co. back in 2002, Angara said the practice of passing income tax to consumers is “illegal.”
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.