Just before it is approved on 2nd reading, the bill increasing taxes on alcoholic drinks is substituted with a new version that expands its coverage.
Just before it is approved on 2nd reading, the bill increasing taxes on alcoholic drinks is substituted with a new version that expands its coverage
But through substitution that caught some lawmakers by surprise, HB No. 1026 was expanded to also include provisions increasing taxes on electronic cigarettes and heated tobacco products.
DOF urges lawmakers to speed up alcohol excise tax hike
"[It was a] bill in substitution by [the] committee on rules," said Salceda.
House Deputy Speaker Dan Fernandez, who was presiding over the session, approved Bondoc's motion after no lawmaker objected.
This was echoed by Bayan Muna Representative Carlos Zarate, who has long been against any proposal to increase taxes.
HB No. 1026 would increase excise taxes for distilled spirits like gin, rum, and vodka. The proposed increases are as follows:
From 2023 onwards, on top of the ad valorem tax, the specific tax will be increased by 7%.
The tax on fermented liquors and alcopops will be P32 per liter starting 2020.
Starting 2020, tax on heated tobacco products will be P45 per pack of 20 units or packaging combinations of not more than 20 units.
Specific tax per milliliter of vapor products with nicotine salts will increase to P35 to 2021, P40 to 2022, and P45 to 2023.
A total of 80% of the funds to be generated from the tax increases under HB No. 1026 would go to the
The remaining 20% would be divided for the following programs under the Department of Health (DOH): medical assistance, Health Insurance Facilities Enhancement Program, and"annual requirements" to be determined by the DOH.
In these changing times, courage and clarity become even more important.Read more: Rappler
Bill raising taxes on alcoholic drinks advances to House plenaryIt takes a single hearing for the bill raising the taxes on alcoholic beverages to advance to the House plenary. Mga mambabatas,use your common sense,sa palagay nyo Kya sa sobrang taas na Ng mga alcoholic drinks may bibili pa Kyadyan sa nagsasabi na makaka collect Ng ganoong kalaki na taxes,in your dreams Kasi Wala Ng bibili Ng mga alcoholic drinks!!!!!!!
House panel sends bill seeking to raise excise tax on alcohol products for plenary deliberationThe House Committee on Ways and Means
House reps from provincial districts score MMDA bus ban plan for being ‘anti-probinsyano’Why are you discriminating against provincial buses? Provincial representatives asked this Tuesday as they lament the plan of the Metropolitan Manila Development Authority (MMDA) to prohibit provincial buses from plying EDSA to ease the dreaded traffic on the national highway. Everybody knows that ever since..Buses from the Provinces ply in EDSA..It is very clear that provincial buses does not cause TRAFFIC. It is actually the volume of PRIVATE CARS plying in EDSA. MMDA refer please the new registered cars since 2001 up to the present and City Buses.
Buhay Rep. Atienza wants House resolution supporting war on drugsMANILA, Philippines - Buhay party-list Rep. Lito Atienza, a known pro-life advocate, wants his more than 300 colleagues in the House of Representatives to join him in coming up with a resolution PathRoxasINQ Is that necessary? PathRoxasINQ And he is in Buhay partylist. Over politics kills principle. PathRoxasINQ Proof positive that a ”ProLife” is elastic and the party-list system in need of overhaul.
House panel OKs second tranche of tax reformThe House Ways and Means committee has approved the Corporate Income Tax and Incentives Reform bill, formerly known as the TRABAHO bill, which seeks to reduce corporate income tax rates and update the current fiscal incentives program.
Another House bill seeks P50-billion reparation for Marawi siege victimsCOTABATO CITY – Another House bill proposing a larger sum representing reparation for damages wrought by the 2017 Marawi siege has been re-filed by Lanao del Sur (First District) Rep. Ansaruddin A. Adiong after the 17th Congress failed to act on it.