EO 36 (s. 2023) — IPP BOT RPT Condonation, CY 2023

Status: operative
Confidence: high
Effective date: 2023-07-25

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

Signed: July 25, 2023 | President: Ferdinand R. Marcos Jr.

Scope and Coverage

Geographic scope: Nationwide [EO 36, s. 2023, §1, 2023-07-25].

CY covered: All years up to CY 2023 [EO 36, s. 2023, §1, 2023-07-25].

Key Provisions

§1 — Reduction: RPT liabilities for CY 2023 reduced to 15% of FMV depreciated at 2%/yr; interests and penalties condoned [EO 36, s. 2023, §1, 2023-07-25].

§2 — Rollover: Excess payments applied to future RPT liabilities [EO 36, s. 2023, §2, 2023-07-25].

Notes

First Marcos-era condonation EO. Simplified WHEREAS structure: dropped the opening recital of RA 7160 GOCC exemption provisions that opened all prior EOs; begins directly with the LGU enforcement position. Does not cite a specific grid capacity figure (unlike EO 117–176 which cited 3,100 MW). See IPP BOT Real Property Tax Condonation for the full series analysis.

Full text: Cleaned copy