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Bicam OKs P33.5-B revenue target for sin tax

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A vendor sells cigarettes at a supermarket in Quezon City. AFP FILE PHOTO

At the end of their second meeting, the bicameral conference committee on the sin tax reform bill on Thursday night agreed setting the measure’s revenue target to P33.5 billion.

Posted: December 6th, 2012 in Latest Business Stories | Read More »

‘The good fight’

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HEALTH ADVOCATES rejoiced this week with the expeditious passage of the “sin tax” bill in the Senate. President Aquino had earlier certified it as an urgent bill due to “public necessity” to curb harmful cigarette and excessive alcohol consumption.

Posted: November 24th, 2012 in Columnists,Featured Columns,Inquirer Columns,Inquirer Features,Science and Health | Read More »

Drilon confident sin tax bill to be submitted to Aquino before yearend

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Senate President Franklin Drilon: Epira amendment high on agenda. INQUIRER FILE PHOTO

Senator Franklin Drilon said that he was confident the sin tax bill would be submitted to President Benigno Aquino III for his approval before the end of the year.

Posted: November 20th, 2012 in Latest Business Stories | Read More »

Senate passes sin tax bill

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A vendor sells cigarettes at a supermarket in Quezon City. AFP FILE PHOTO

The sin tax bill was finally approved Tuesday evening after senators concluded their deliberations and amendments on the measure. Certified as urgent by President Aquino, the bill was passed on second and third readings on the same day.

Posted: November 20th, 2012 in Headlines,Latest Business Stories | Read More »

Sin tax bill: Flagging some constitutional issues

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The proposed legislation seeking to impose higher excise taxes on liquor and tobacco products, more popularly known as the sin tax bill, is one of the most controversial pieces of legislation that ever crossed the halls of Congress.

Posted: November 19th, 2012 in Columnists,Inquirer Columns | Read More »

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