‘Sin’ tax collections hit P269B in 2019

Ben O. de Vera - Philippine Daily Inquirer 02/01/2020

Collections from so-called sin products, including sugary drinks, totaled P269.1 billion in 2019 amid higher excise tax rates slapped on their consumption, Department of Finance (DOF) data showed. Based on preliminary figures from the DOF’s strategy, economics…

House approves higher tax on liquor, e-cigarettes

08/16/2019

The House of Representatives on Wednesday evening approved on second reading a bill that would raise the excise on alcoholic drinks effective Jan. 1, 2020, as well as on regular and electronic cigarettes. Without the usual lengthy…

Cebu vendors on tobacco sin tax hike: If demand is there, then we’ll still sell cigarettes

and Raul Constantine Tabanao 07/26/2019

CEBU CITY, Philippines — As long as there’s a demand, we will continue to sell cigarettes. These were the common answers of the Cebuano vendors despite the upcoming sharp increase of the cigarette prices in the country.…

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