The senior vice chairperson of the House committees on ways and means, on appropriations and on economic affairs has given his full backing to the Duterte administration’s resolve to make…
Various organizations led by the Trade Union Congress of the Philippines (TUCP), Financial Executives of the Philippines (FINEX) and the National Tax Research Center (NTRC) are backing the “long-overdue” reforms…
A non-government coalition advocating tax and fiscal reforms has expressed its full support for the proposed adjustments in automobile excise taxes as way to help raise revenues that would fund…
“Today, President Aquino signed into law Republic Act No. 10351, otherwise known as the Sin Tax Reform Act of 2012. “This is a historic win for reforms. This is the…
"We congratulate our partners at the Bicameral Conference Committee under the steadfast leadership of the House and Senate Ways and Means Chairpersons Rep. Isidro Ungab and Senator Franklin Drilon for…
In its efforts to restructure the excise taxes on tobacco and alcohol products, the Finance department is looking at models from other countries who are now enjoying substantial revenue increases…
"We congratulate the House Ways and Means Committee, led by Chairman Isidro Ungab, in passing the amended version of House Bill 5727 which outlines the much-needed reform in the excise…
A "SIGNIFICANT IMPACT" to employment "particularly in tobacco farming” is "unlikely" to arise from a reform of excise taxation in the country, the International Monetary Fund (IMF) said in a…
DISMANTLING the annexes and price classification freeze of certain brands are at the core of the excise tax reform proposals that we are pursuing, the Finance chief said. “These provisions…
CLAIMS of tobacco and liquor companies against the proposed sin tax reform are exaggerated and taken out of context, an official said, standing pat on the benefits of excise tax…
