Senate OKs mining tax increase | ABS-CBN
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Senate OKs mining tax increase
Senate OKs mining tax increase
Sherrie Ann Torres,
ABS-CBN News
Published Nov 28, 2017 02:31 AM PHT
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Updated Nov 28, 2017 03:34 PM PHT

Senators on Monday agreed to double all taxes on mining, as the chamber hammered out its version of tax reform.
Senators on Monday agreed to double all taxes on mining, as the chamber hammered out its version of tax reform.
They also agreed to raise the tax on coal to P100 per metric ton in 2018, P200 in 2019, and P300 by 2020. The current rate is P10 per metric ton.
They also agreed to raise the tax on coal to P100 per metric ton in 2018, P200 in 2019, and P300 by 2020. The current rate is P10 per metric ton.
Ten senators voted yes, while 3 voted no. Three senators abstained.
Ten senators voted yes, while 3 voted no. Three senators abstained.
Among those who supported the amendment were Senators Joseph Victor Ejercito, Francis Escudero, Franklin Drilon, Risa Hontiveros, Tito Sotto, Juan Miguel Zubiri, Sherwin Gatchalian.
Among those who supported the amendment were Senators Joseph Victor Ejercito, Francis Escudero, Franklin Drilon, Risa Hontiveros, Tito Sotto, Juan Miguel Zubiri, Sherwin Gatchalian.
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Meanwhile, Senators Richard Gordon and Nancy Binay opposed the amendment.
Meanwhile, Senators Richard Gordon and Nancy Binay opposed the amendment.
Senator Sonny Angara, who chairs the Committee on Ways and Means abstained, along with Senate President Aquilino Pimentel III and Cynthia Villar.
Senator Sonny Angara, who chairs the Committee on Ways and Means abstained, along with Senate President Aquilino Pimentel III and Cynthia Villar.
Senators Bam Aquino, Leila de Lima, Gringo Honasan, Panfilo Lacson, Loren Legarda, Manny Pacquiao, Francis Pangilinan, and Antonio Trillanes IV did not vote, according to Senate records.
Senators Bam Aquino, Leila de Lima, Gringo Honasan, Panfilo Lacson, Loren Legarda, Manny Pacquiao, Francis Pangilinan, and Antonio Trillanes IV did not vote, according to Senate records.
BASAHIN: Amendment ni Sen. Recto upang doblehin ang buwis sa pagmimina na pinagbotohan at kinatigan ng mga Senador upang mapasama sa panukalang Tax Reform pic.twitter.com/srgFRhibKq
— Zandro Ochona (@ZandroDZMM) November 27, 2017
BASAHIN: Amendment ni Sen. Recto upang doblehin ang buwis sa pagmimina na pinagbotohan at kinatigan ng mga Senador upang mapasama sa panukalang Tax Reform pic.twitter.com/srgFRhibKq
— Zandro Ochona (@ZandroDZMM) November 27, 2017
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