Tag page - sin tax coalition

The Department of Finance (DOF) is projecting an uptick in revenues from "sin" products next year, driven by increased collections from alcoholic beverages. Data from the DOF showed that excise tax collections from tobacco and alcohol are estimated to reach P278.97 billion in 2025, an eight percent...

(Photo from Pixabay) The Sin Tax Coalition group urged President Ferdinand "Bongbong" Marcos Jr. to veto the vape bill. In a statement, the group said that by vetoing Senate Bill 2239 or the proposed Vaporized Nicotine Products Regulation Act will help "prevent more young non-smokers from being...