Downstream Oil activities include refining, storage, distribution, and marketing of petroleum products and Autogas.

Section 9, Chapter II of R.A. 8479, or “An Act Deregulating The Downstream Oil Industry, and For Other Purposes” states that Downstream Oil activities such as refining, storage, distribution, and marketing of petroleum products may avail of the following incentives:

• Income tax holiday;
• Minimum tax and duty of 3% and value-added tax on imported capital equipment;
• Tax credit on domestic capital equipment;
• Exemption from contractor’s tax;
• Unrestricted use of consigned equipment;
• Exemption from taxes and duties on imported spare parts; and
• Such other applicable incentives under Article 39 of E.O. No. 226.