Higher pickup prices loom on the horizon after President Ferdinand Marcos Jr. signed Senate Bill No. 2865, known as the ...

What makes sense in principle may not always align with real-world results. This is certainly the case with the Philippine ...

President Trump’s 2025 remittance tax proposal, now passed by the House, targets non-citizens sending money abroad. Overseas ...

Congress, by a 190-4 vote, approved House Bill 11360 that aims to arrest declining excise tax collections and to combat the ...

Lower consumption of 'sin' products as prices of essential goods increased last year resulted in the drop of excise tax collections by the government, further exacerbated by the still rampant illicit ...

While the President vetoed several provisions of CMEPA, the re-imposition of the excise tax on pickup trucks was not among ...

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 ...

The government should consider imposing higher taxes on vape products than traditional cigarettes as consumption continues to worsen especially among the youth.

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 ...

THE House of Representatives on Tuesday approved on second reading three priority tax measures topped by Package 4 of the Comprehensive Tax Reform Program (CTRP). The two others are the bill ...