Should Excise Tax Be Suspended? Presidential Candidates Answer in Comelec Debate 2022 COMELEC DEBATE 2022 – Here’s what presidential bets had to say on whether they were in favor of suspending excise taxes on fuel or not. Excise tax is a legislated tax on goods or services like fuel, cigarettes, soda, and alcoholic beverages. Philippine … Read more
President Duterte Approves P200 Monthly Cash Aid for Poor Families President Duterte has already approved the P200 monthly cash aid for poor families but excise tax on fuel will remain. Acting presidential spokesperson Martin Andanar announced that President Rodrigo Duterte has approved the two recommendations of the Department of Finance (DOF) regarding the surging prices of … Read more
Smuggling Of Oil In The Country Increased By Up to 30% Since Train Law Was Implemented OIL SMUGGLING – Since the TRAIN Law was implemented, more and more oil has been smuggled into the country. The reformed tax law or ‘TRAIN Law‘ is a tax reform program proposed with intentions to change the taxation system … Read more