The Power Sector Assets and Liabilities Management (PSALM) Corporation has reduced its Real Property Tax (RPT) liabilities for CY 2024 from five (5) Build-Operate-Transfer (BOT) power plants, cutting the total amount from PHP626.46 million to PHP116.52 million, leading to a total savings of PHP509.94 million....
PSALM saves PHP510 million in real property taxes with the issuance of Executive Order No. 83
The Power Sector Assets and Liabilities Management (PSALM) Corporation has reduced its Real Property Tax (RPT) liabilities for CY 2024 from five (5) Build-Operate-Transfer (BOT) power plants, cutting the total amount from PHP626.46 million to PHP116.52 million, leading to a total savings of PHP509.94 million....