EO 176 (s. 2022) — IPP BOT RPT Condonation, CY 2022

Status: operative
Confidence: high
Effective date: 2022-06-28

Full title: Reduction and Condonation of Real Property Taxes and Interest/Penalties Assessed on the Power Generation Facilities of Independent Power Producers Under Build-Operate-Transfer Contracts With Government-Owned or -Controlled Corporations

Signed: June 28, 2022 | President: Rodrigo Roa Duterte

Scope and Coverage

Geographic scope: Nationwide [EO 176, s. 2022, §1, 2022-06-28].

CY covered: All years up to CY 2022 [EO 176, s. 2022, §1, 2022-06-28].

Key Provisions

§1 — Reduction: RPT liabilities for CY 2022 reduced to 15% of FMV depreciated at 2%/yr; interests and penalties condoned [EO 176, s. 2022, §1, 2022-06-28].

§2 — Rollover: Excess payments applied to future RPT liabilities [EO 176, s. 2022, §2, 2022-06-28].

Notes

Signed on June 28, 2022 — second-to-last day of the Duterte administration (term ended June 30, 2022). Not catalogued on LawPhil; sourced from Official Gazette PDF via OCR. Structurally identical to EO 157 (s. 2021); includes the WHEREAS citing 80% LGU assessment level. Cited by name in EO 83 (s. 2025) as part of the complete prior-EO lineage [EO 83, s. 2025, WHEREAS ¶6, 2025-02-13]. See IPP BOT Real Property Tax Condonation for the full series analysis.

Full text: Cleaned copy