Singil sa kuryente, posibleng mabawasan kung hindi na ipapasa ng NGCP sa mga consumer ang franchise tax | Saksi
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Transcript
00:00 It is impossible for the price of oil to fall if a type of buoys that are being passed by NGCP to consumers is removed.
00:09 According to a senator, consumers are the ones who pay the franchise tax.
00:13 So even if it should be him, NGCP should be the one to pay it, just like other businesses.
00:19 Witness, Bernadette Reyes.
00:25 Senator Sherwin Gatchalian called the National Grid Corporation of the Philippines or NGCP's request for franchise tax to consumers illegal.
00:35 So what he wants is to remove it because based on our review, there is no legal basis.
00:40 They just issued a resolution to pass it to us.
00:43 Aside from Value Added Tax or VAT, NGCP included local and income tax in the franchise tax.
00:50 It is said that consumers are the ones who pay it even if it should be NGCP, just like other businesses.
00:57 For example, supermarkets or groceries.
01:00 These businesses pay 25 percent income tax.
01:05 But NGCP does not pay income tax.
01:09 We called ERC to remove the pass-on of franchise tax.
01:14 According to Gatchalian, in 2011, ERC issued a resolution that NGCP can pass the tax to consumers.
01:22 The company that is in charge of the transmission of electricity in the country.
01:26 According to the Energy Regulatory Commission, their target is to finish their study this year,
01:32 in line with Senator Gatchalian's request that the franchise tax should not be passed to consumers,
01:37 which should be paid by NGCP.
01:40 Our first study, there is no basis to pass it.
01:44 We are just confirming what the consideration was before.
01:48 If it is not passed, it will definitely decrease in rate.
01:52 It is estimated that up to two centimers per kilowatt hour will be deducted from the transmission charge
01:57 if NGCP removes the franchise tax.
02:01 The Energy Department is waiting for the final decision of ERC.
02:04 The impact of course is that it's going to lessen the rates.
02:10 So that's the positive impact.
02:13 NGCP said that they will just pass the talks that are related to the police and politicians.
02:20 It will focus on things that have an effect on consumers,
02:24 like better service, big investment and the proper transmission of electricity.
02:30 For GMA Integrated News, Bernadette Reyes, your "Saksi".
02:36 [Saksi]
02:58 [Music]