Duterte signs new sin tax law

Credit to Author: Catherine S. Valente, TMT| Date: Thu, 23 Jan 2020 16:14:42 +0000

President Rodrigo Duterte has signed into law a bill increasing the excise tax on liquor and heated tobacco and vapor products. Palace spokesman Salvador Panelo and Sen. Christopher Lawrence “Bong” Go confirmed the President’s action in a text message to The Manila Times. Go said the new law also expanded the coverage of value-added tax-exempt […]

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House approves higher tax on liquor, e-cigaretes

Credit to Author: clopez| Date: Thu, 15 Aug 2019 21:32:15 +0000

House approves higher tax on liquor, e-cigaretes

The House of Representatives on Wednesday evening approved on second reading a bill that would raise the excise on alcoholic drinks effective Jan. 1, 2020, as well as on regular and electronic cigarettes. Without the usual lengthy deliberations, lawmakers approved a substitute bill that amended House Bill No. 1026, the original measure that the House […]

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