Philippines Proposes Unified, Higher Tobacco Excise Tax Starting 2027

DOF proposes unified, higher tobacco excise tax starting 2027

MANILA, Philippines — The Department of Finance (DOF) on Tuesday proposed increasing and unifying excise taxes on all tobacco products beginning in 2027 to make these less accessible while generating revenue for the government. Finance Undersecretary Karlo Adriano proposed it during a hearing of the House of Representatives committee on ways and means led by

By mmercado