Home > Business TRAIN law has mechanism on fuel tax suspension ABS-CBN News Posted at May 18 2018 12:05 AM | Updated as of May 18 2018 08:25 AM Share Facebook Twitter LinkedIn Viber Watch more on iWantTFC The tax reform law has a mechanism that will suspend future increases in excise duties on fuel if world oil prices breach $80 per barrel. The Bureau of Internal Revenue is preparing implementing rules for this as consumers bear the brunt of higher transportation costs.- Business Nightly, ANC, May 17, 2018 Share Facebook Twitter LinkedIn Viber Business Nightly, ANC, fuel, excise tax Read More: Business Nightly ANC fuel excise tax