President Rodrigo Duterte has reduced and condoned real property taxes, interests  and penalties assessed on power generation facilities of certain independent power producers (IPPs).

Duterte signed Executive Order (EO) 19, which directs the reduction of the 2015 and 2016 liabilities for real property tax on property, machinery and equipment that the IPPs used for the production of electricity under the build-operate-transfer scheme with government-owned-and-controlled corporations (GOCCs).

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