The Department of Energy says reducing or eliminating the system loss charge itself will take time, requiring a phased program and billions of pesos in investments

The Department of Energy says reducing or eliminating the system loss charge itself will take time, requiring a phased program and billions of pesos in investments

Bureau of Internal Revenue. FILE PHOTO MANILA, Philippines — The Bureau of Internal Revenue (BIR) eyes the issuance of a circular removing value-added tax (VAT) on the…