RPT Reduction for IPPs under BOT Contracts

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EXECUTIVE ORDER NO. 157: RPT Reduction for IPPs under BOT Contracts

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Title Supreme Court: RPT Reduction for IPPs under BOT Contracts

Law: Executive Order No. 157

Decision Date: Dec 16, 2021

An executive order reduces and condones real property taxes and interest/penalties assessed on power generation facilities of Independent Power Producers, preventing financial instability and potential power outages while ensuring government fiscal consolidation efforts and stable energy prices.

reduction

condonation

real property taxes

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