DOF eyes higher excise taxes to fund middle-class tax relief
The Department of Finance (DOF) is proposing higher excise taxes on sweetened beverages, e-cigarettes, alcohol, plastics and vehicles to offset revenue losses…
· 2 MIN READ
Daily TribuneTopic
The Department of Finance (DOF) is proposing higher excise taxes on sweetened beverages, e-cigarettes, alcohol, plastics and vehicles to offset revenue losses…
· 2 MIN READ
Households and businesses using liquefied petroleum gas (LPG) and kerosene will no longer enjoy a temporary tax break after the government restored excise…
· 1 MIN READ
The Civil Aviation Authority of the Philippines (CAAP) issued a strict reminder Sunday that intentionally aiming laser beams and other high-intensity lights at…
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The government warned rice traders, retailers and importers that violations of the newly imposed price ceiling on imported rice could lead to imprisonment,…
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Excise taxes on LPG and kerosene are temporarily suspended for three months starting 17 April 2026, but — the DoF and BIR, citing minimal expected relief for…
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House Committee on Ways and Means Chairperson Miro Quimbo said that a total suspension of Value Added Tax (VAT) and excise tax on all fuel products could…
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The undersecretary asserted that the DoF’s consideration came down to who would benefit the most from the enactment of such a ruling which, in the case of LPG…
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Filipinos were anticipating the suspension or reduction of the excise tax on gasoline and diesel to preserve their purchasing power.
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Department of Finance (DOF) Undersecretary Karlo Fermin Adriano said that a revenue loss of P43.6 billion is projected if the suspension of excise tax on…
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President Ferdinand Marcos Jr. is set to announce a crucial decision on fuel excise taxes within this week, a move that could bring immediate relief to…
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‘Any shaving of the price will help, whether it’s small or big.’
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Economists are weighing in on the possible suspension of fuel excise taxes, saying it could provide relief to consumers but disadvantage the government…
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Isusumite ngayong araw ng Development Budget Coordination Committee (DBCC) kay Pangulong Bongbong Marcos ang kanilang rekomendasyon tungkol sa fuel excise tax.
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“What good is the grass if the horse is already dead?”
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Senator Christopher “Bong” Go backed the move allowing the suspension of fuel excise taxes as pump prices continue to climb, stressing that relief measures…
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A wealth tax of one to three percent, based on Ibon’s estimate, can generate P500 to P600 billion a year, if it covers 3,000 Filipino billionaires with total…
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The strongest measure taken by the government thus far — the suspension of the excise tax on fuel — will have little effect in easing Filipinos’ suffering,…
· 4 MIN READ
President Ferdinand “Bongbong” Marcos Jr. has signed into law a measure suspending the collection of excise taxes on fuel products, granting the government a…
· 3 MIN READ