SC: Maynilad, Manila Water can’t pass taxes to consumers READ MORE:
“We rule that Manila Water and Maynilad are public utilities,” the Court said in a decision written by Associate Justice Marvic Leonen.
The Court resolved the petition filed by former Bayan Muna party-list representatives Neri Colmenares and Carlos Zarate who assailed the inclusion by the Manila Water and Maynilad corporate income taxes in their recoverable operating expenses, a practice that jacked up the price of water through the years.
It said “allowing Maynilad to include its corporate income taxes in the rates chargeable to water consumers — taxes which, to repeat, do not inure to the benefit of water consumers — will result not only in unjust but also inequitable rates.” Maynilad Water Services, Inc. said it has already accepted its status as a public utility when it signed the revised concession agreement, which came with a congressional franchise.
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