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Philippines: VAT exemptions for indigenous natural gas and related power generation

Description

On 8 January 2025, the President of the Philippines signed into law and published Republic Act No. 12120, also known as the "Philippine Natural Gas Industry Development Act". Among other measures, it ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Apr 2026

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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