MANILA, Philippines – A bill seeking to impose an excise tax on every kilogram of single-use plastic bags has hurdled the House of Representatives’ Ways and Means Committee on Tuesday....
MANILA, Philippines – The government may suspend the implementation of excise tax in oil products if global prices continue to soar in the coming months as a result of the...
The House of Representatives has approved on third and final reading the bill which seeks to increase taxes on alcohol and vape products. Based on House Bill No. 1026 “distilled...
President Rodrigo Duterte signed on Thursday (July 25) the law imposing higher excise taxes on tobacco products, Executive Secretary Salvador Medialdea has confirmed. “To address the urgent need to protect...
The World Health Organization (WHO) has said that raising taxes on cigarette will be a “win-win-win” situation and can save around 460,000 lives. According to WHO representative to the Philippines,...
MANILA, Philippines — Despite the rollback on petroleum products, there will be a new excise tax under the Tax Reform for Acceleration and Inclusion (TRAIN) Law. As stated...
The government assured that it will continue its program that offers assistance to jeepney drivers who are bearing the brunt of surging oil prices. According to Budget Secretary Benjamin...
PASAY CITY, Philipppines – The Senate minority will file a resolution on Wednesday (October 10) to seek the suspension of the implementation of excise tax under the new tax reform...
MANILA, Philippines — Cebu Pacific and the Philippine Airlines seek to reimpose fuel surcharges due to the series of increases in the prices of oil products. Cebu Pacific’s Vice President...
MANILA, Philippines – Malacañang confirmed that the government would suspend the imposition of excise tax on fuel should its average price for three consecutive months reaches USD$80 per barrel...
