Daily News


House approves alcohol and e-cigarette tax increases in 2nd tranche of tax reform

The House of Representatives approved on second reading the Package 2 of the Comprehensive Tax Reform Program with the inclusion of heated tobacco and vapor products in its coverage. Albay Rep. Joey Salceda said the government is expected to generate P32.94 billion in revenues in the first year of implementation of the measure increasing alcohol taxes, which is part of the Package 2 Plus B of the Comprehensive Tax Reform Program of the Duterte administration.