MANILA, Philippines — Consumers will no longer pay for the corporate income tax of water concessionaire Manila Water based on the company’s new agreement with the government, Malacañang said Monday.
According to presidential spokesperson Harry Roque, this was just among the salient points of the government’s newly signed concession deal with Manila Water which is deemed to protect consumer interest.“Para po maprotektahan ang interes ng consumer, ‘yung corporate income tax ay hindi machacharge sa consumer hindi katulad ng dating concession agreement,” Roque said in an online briefing.
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