Tax break for 2-wheeled electric vehicles gains support in House

The move to provide tax break for two-wheeled electric vehicles (EVs) gained support at the House of Representatives with the filing of a bill to further amend the EV Industry Development Act or the EVIDA law and Executive Order No. 12 series of 2022 which modifies the tax rates for certain EVs, their parts and components.

Albay 2nd District Rep. Joey Salceda filed House Bill 9573 which seeks to modify the tariff rates for electric vehicles.

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