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

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 ...

High excise taxes in the Philippines are pushing adult consumers to buy cheaper, illegal cigarettes and vapes, causing smoking rates to increase, industry ...

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

MANILA, Philippines — The move to slap excise taxes on single-use plastics is seen generating P34 billion for the government and curbing the increasing mismanagement that contributes to overall ...

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 ...

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

MANILA, Philippines -The illicit cigarette trade in the Philippines has hit a record high with one in every five cigarettes ...

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