Taxes on Meralco refund slashed to 15%

Taxes on Meralco refund slashed to 15% – Finance

By Mayvelin U. Caraballo, TMT,Jordeene B. Lagare

Feb 05, 2019 2:03 am

Withholding taxes on a refund due to customers of Manila Electric Co. (Meralco) have been lowered as provided by the Tax Reform for Acceleration and Inclusion (Train) law, the Finance department announced on Monday.

A father and his son enter a Meralco office in Quezon City to pay their electric bill. FILE PHOTO

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