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Topic: tax-law

Sin tax reform part of gov't's 'fiscal responsibility' for stable investment funding: DOF

Sin tax reform part of gov't's 'fiscal responsibility' for stable investment funding: DOF

ABS-CBN News
Posted at May 28 09:44 PM

The sin tax reform, which seeks to raise excise taxes for alcoholic beverages and tobacco, will help cover the funding gap for the Universal Healthcare law that will be fully implemented by 2020, Finance assistant secretary Tony Lambino told DZMM radio. Read more »

Lawmakers can only request, not dip fingers in road tax: Suarez

Lawmakers can only request, not dip fingers in road tax: Suarez

ABS-CBN News
Updated as of Jul 16 01:07 PM

Lawmakers cannot call dibs on the allocation of funds from the road users' tax, House Minority Leader Danilo Suarez said Wednesday, rejecting a proposal to scrap the board overseeing its allocation.  Read more »

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