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Slex


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  • 2 months later...

SC allows VAT imposition on tollway rates - GMANews.com

 

Motorists should brace themselves for higher fees now that the Supreme Court has ruled that tollway rates are subject to value-added tax (VAT).

 

In a unanimous decision last July 19, the Supreme Court lifted the temporary restraining order (TRO) it issued last year against the plan of the Department of Finance and its attached agency, the Bureau of Internal Revenue (BIR), to impose VAT on toll rates.

 

- puro na lang taas! :angry2:

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