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Higher pickup prices loom on the horizon after President Ferdinand Marcos Jr. signed Senate Bill No. 2865, known as the ...
The 2012 Philippines Sin Tax Law raised and simplified tobacco and alcohol excise taxes, which increased government revenues and reduced smoking. The law helped the Philippines break free of its h ...
While the President vetoed several provisions of CMEPA, the re-imposition of the excise tax on pickup trucks was not among ...
High excise taxes in the Philippines are pushing adult consumers to buy cheaper, illegal cigarettes and vapes, causing smoking rates to increase, industry ...
MANILA, Philippines — The country’s excise tax collections slipped to P140 billion in the first semester, short of target, making the full-year goal unlikely to be met amid pending laws that ...
A Filipino economist said that excise tax rates on cigarettes in the Philippines should be revisited to bring them closer to the revenue-maximizing rate. Bienvenido S. Oplas Jr., president of ...
An Australian security expert asked the Philippine government to learn from his country’s policy mistakes involving excessive ...
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Misguided tax policy
Congress, by a 190-4 vote, approved House Bill 11360 that aims to arrest declining excise tax collections and to combat the ...