‘Sin tax’ collection breaches P100-B mark 10-month tax take up 22% from a year ago By: Ben O. de Vera | 12:30 AM December 1st, 2015 THE EXCISE tax
Read MoreMANILA, Philippines—The country’s health secretaries—past and present—are all solidly behind the drive to increase the sin taxes on tobacco products
Read MoreMANILA, Philippines (2nd UPDATE) - Sen Ralph Recto resigned on Monday, October 15, as chairman of the Senate Ways and Means Committee. Recto said h
Read MoreEt tu, Brute? The last words of Julius Ceasar to his friend Marcus Brutus as he confronted his assassins on the Ides of March reflected the sentime
Read MoreThe American Chamber of Commerce of the Philippines' Statement on Excise Taxes on Alcohol Download the PDF version of the statement here. Summary of
Read MoreTHE DEPARTMENT of Finance (DoF) will push for its original version of a bill hiking taxes on tobacco and alcohol products, a Cabinet official yester
Read MoreMANILA, Philippines - Speaker Feliciano Belmonte Jr. vowed to vigorously work for the passage of a reformed tax measure for cigarette and liquor tha
Read MoreMANILA, Philippines - The International Monetary Fund (IMF) yesterday urged the Aquino administration to spend more, attract higher investments, and
Read MoreIMPROVING ENFORCEMENT, raising excise tax rates on some products and streamlining investors’ fiscal perks are a preferable option for government as
Read MoreMANILA, Philippines - A new sin tax measure would allow the government to add at least five million recipients or beneficiaries of state health insu
Read MoreTHE Court of Appeals (CA) has affirmed an injunction issued by the Regional Trial Court (RTC) in Pasay City stopping the Department of Finance (DOF)
Read MoreThe Philippine government has formally informed the World Trade Organization that it will appeal a panel report ruling in favor of the United States
Read MorePROPOSED legislation simplifying the excise tax regime and increasing rates imposed on so-called "sin" products has been drafted by the Finance depa
Read MoreMANILA, Philippines — The Philippine government aims to boost annual revenue from tobacco and liquor taxes by as much as P139.33 billion ($3.3 billi
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