MANILA, Philippines — President Rodrigo Duterte has certified as urgent a proposed law that will increase excise tax on liquor, e-cigarettes, and vapor products. In a November 12-letter to Senate President Vicente Sotto III, Duterte underscored the “necessity of the immediate enactment” of Senate Bill No. The committee had adopted the tax adjustments presented by the Department of Finance, which had also earlier been approved by the House of Representatives. “The rate embodied in Senate Bill No. 1074 will deter consumption significantly which is the ultimate aim of the health measure,” he added.

Source: Philippine Daily Inquirer November 12, 2019 07:58 UTC