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.
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
Senate, Sin Tax bill, cigarettes, tobacco, vape, vaping, excise tax, universal health care