English: In the case of NGCP, the franchise tax is not an operating expense. Moreover, the franchise tax, according to the NGCP franchise, is in lieu of income tax. As such, NGCP should not be allowed to pass on its franchise tax to consumers.
Filipino: Sa kaso ng NGCP, ang franchise tax ay hindi isang operating expense. Bukod dito, ang franchise tax, ayon sa NGCP franchise, ay kapalit ng income tax. At dahil dito ay hindi dapat payagang ipasa ng NGCP ang franchise tax nito sa mga mamimili.