Philippines Tobacco Alcohol Taxes To Increase Soon.

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Old55
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"Under the proposed law, cigarette excise taxes would be gradually raised to 26 pesos (63 US cents) per pack by 2016.

The Senate bill would also bring Philippine taxation on distilled spirits into line with World Trade Organization rules, raising the excise tax on most distilled spirits by around 50 percent by 2015.

Last year in a complaint filed by the United States, the WTO found the Philippines' lower taxes on some domestically produced spirits had violated the General Agreement on Tariffs and Trade."

http://www.google.com/hostednews/afp/article/ALeqM5gEZfjm7PPMNyHEzR3AIwRIDMO51g?docId=CNG.a619ccd855079543a9d24d9854e4fb37.291

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Okieboy
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I wonder if this includes Tuba(coconut Wine)

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Old55
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Is VAT collected on it now? :hystery: Don't think so!

Off topic, can you stand the taste of that stuff?

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Okieboy
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not unless i am really drunk

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