Senate OKs higher excise taxes on cigarettes | ABS-CBN
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Senate OKs higher excise taxes on cigarettes
Senate OKs higher excise taxes on cigarettes
ABS-CBN News
Published Jun 03, 2019 08:34 PM PHT
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Updated Jun 04, 2019 01:09 PM PHT
MANILA - The Senate on Monday night approved a bill raising the excise taxes on tobacco products, and imposing duties on vape products.
MANILA - The Senate on Monday night approved a bill raising the excise taxes on tobacco products, and imposing duties on vape products.
Voting 20-0, senators approved Senate Bill 2233 which raises the excise taxes on cigarettes by P45 per pack by 2020, P50 per pack by 2021, P55 per pack by 2022, and P60 per pack by 2023.
Voting 20-0, senators approved Senate Bill 2233 which raises the excise taxes on cigarettes by P45 per pack by 2020, P50 per pack by 2021, P55 per pack by 2022, and P60 per pack by 2023.
It also places a P10 tax for every 10 milliliters of vaping liquids.
It also places a P10 tax for every 10 milliliters of vaping liquids.
- With reports from Sherrie Ann Torres and Robert Mano, ABS-CBN News
- With reports from Sherrie Ann Torres and Robert Mano, ABS-CBN News
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