The bill imposes a P10 per liter tax on sugar-sweetened beverages subject to yearly four-percent rate increase after effectivity date of Jan. 1, 2018.
Source: tax on sugar
Monthly Archives: May 2017
House approves tax bill
The bill also seeks to impose a P10 per liter tax on sugar-sweetened beverages subject to yearly 4 percent rate increase after effectivity date of Jan.
Source: tax on sugar
Tax on sugar-sweetened beverages highest in the world – Food Chamber
The Philippine Chamber of Food Manufacturers, Inc. said a proposal to impose an excise tax of P10 per liter of volume capacity on sugar-sweetened …
Source: tax on sugar
House passes tax reform bill before adjourning
The House panel has agreed to impose a P10 per liter tax on sugar sweetened products, much to the consternation of lawmakers representing …
Source: tax on sugar
Cosatu wants sugar tax delayed until jobs secured
Trade union federation Cosatu has called for a delay in the implementation of the tax on sugar-sweetened beverages, saying a comprehensive …
Source: tax on sugar
Tax reform package approved in House of Representatives on final reading
… expanding the value added tax (VAT) base; introducing excise tax on sugar-sweetened beverages; and improving tax administration measures.
Source: tax on sugar
ANCWL opposes sugar tax, warns of job losses
The proposed tax on sugar-sweetened beverages is aimed reducing consumption of these drinks, and thus curb noncommunicable diseases, …
Source: tax on sugar
Excise tax on sweetened beverages to hit poor 'hardest' – food chamber
The proposed P10 per liter excise tax on sugar sweetened beverages (SSB) will be the highest in the world and will hit low-income consumers the …
Source: tax on sugar
Need to be competitive
The bill provides for, among others, a higher excise tax on sugar-sweetened beverages. As proposed, sugar-sweetened drinks will be slapped a P10 …
Source: tax on sugar
Neda warned: Lower GDP if tax reform bill not passed
… earners, expand the value-added tax base, adjust the excise tax on oil products and oil mobiles, impose excise tax on sugar-sweetened beverages, …
Source: tax on sugar