Sunday, December 21, 2025
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Tag: excise taxes

Private sector urged to join fight against illicit trade in Southeast Asia

Businesses across Southeast Asia should take a more active role in combating illicit trade, which continues to thrive despite enforcement efforts, according to legal...

Explain why pickup trucks should be tax-free, solon asks automakers

Albay Rep. Joey Salceda wants car manufacturers to explain why pickup trucks should be exempt from excise taxes on automobiles amid the industry’s opposition...

Solon still keen on suspension of excise taxes on oil products

A congressional leader on Wednesday vowed to pursue his proposal to suspend excise taxes on diesel, gasoline, cooking gas, and other oil products in...

Defensor calls for support of oil taxes bill

Rep. Mike Defensor of Anakalusugan party-list on Thursday urged leaders of Congress to recommend to President Duterte the calling of the legislature to a...

‘Excise tax cut to hurt rebound from COVID-19’

The proposed suspension of excise taxes on fuel will affect the country’s road to recovery from the impact of the COVID-19 pandemic, Finance Undersecretary...

House panel okays oil excise tax slash

The House of Representatives Committee on Ways and Means Committee on Thursday approved its substitute bill to various measures proposing to reduce or suspend...

Dominguez says 2.8b liters of fuel marked

Around 2.79 billion liters of fuel have been marked under the government’s fuel marking program as of Feb. 7, 2020, Finance Secretary Carlos Dominguez...

Fuel marking scheme starts with 1.1b liters

The government already marked 1.1 billion liters of petroleum products under the fuel marking program ahead of the tax scheme’s full implementation by February...

Juul Labs opposes higher tax on e-cigarettes

US-based electronic cigarette manufacturer Juul Labs Inc. expressed its opposition to the proposal in Congress to increase the excise taxes on electronic nicotine delivery...

DENR chief vows to impose higher excise tax on mining

Environment Secretary Roy Cimatu on Thursday vowed to impose higher excise taxes for mining companies, saying that these would result in “very big revenues”...

Allocation for 1st 1,000 Days program sought

Senator Grace Poe said on Tuesday that a portion of fresh revenue stream from the government’s move to impose excise taxes on sugar-sweetened drinks...

Tax bill gets ADB support

ASIAN Development Bank backed the proposed reforms in the excise taxes of automobiles and petroleum products being pushed by the Finance Department, saying these...

Finance to prepare ‘healthy tax’ package

The Finance Department said Thursday it will submit to Congress early next year a “healthy tax” package, which includes imposing tax on sweetened drinks...
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