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Showing 1–3 of 3 articles for “geothermal”

VAT Zero-Rating for Renewable Energy: Key Requirements and Implications

Supreme Court clarifies VAT zero-rating requirements for renewable energy developers, including DOE endorsement, in Maibarara Geothermal case.

Equitable Estoppel and Tax Refund Claims: The Exception to the 120+30-Day Rule

Explains the Supreme Court's ruling in Visayas Geothermal Power Co. v. CIR, applying equitable estoppel to the 120+30-day tax refund rule.

VAT Exemption for Steam Supply: Protecting Taxpayers From Erroneous Payments

The Supreme Court ruled that geothermal steam sold to NPC is VAT-exempt, entitling the supplier to a full refund of erroneously paid taxes.