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Gov’t expected to earn more from ‘sin taxes’

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Government ‘sin tax’ collections from the tobacco industry may rise nearly twofold this year from tobacco sales alone as rates increase and the market expands in terms of number of players.

Posted: September 5th, 2014 in Headlines | Read More »

‘PH should not fear public-private partnerships’

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Health Secretary Enrique Ona. FILE PHOTO

Remember the “Sin Tax”? Smokers will remember this as the culprit for the current price of each cigarette stick—which is double the previous price on the streets.

Posted: August 9th, 2014 in Inquirer Features,Science and Health | Read More »

Gov’t expects P44 billion from ‘sin’ taxes

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AFP FILE PHOTO

Protecting the gains being reaped from the implementation of higher taxes on tobacco and alcohol is now one of the government’s top priorities to make sure the expanded healthcare coverage financed by the additional revenue fund is not scaled back.

Posted: June 24th, 2014 in Editor's Pick,Headlines | Read More »

Exercise tax

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There is a call in Congress for a review of the “sin tax” law, or RA 10351, imposed on cigarettes and liquor, signed into law by our dear leader Benigno Simeon (aka BS) in December 2012, in effect for just about a year now.

Posted: February 6th, 2014 in Columnists,Inquirer Columns | Read More »

BIR’s sin tax collection up 81.5% in 11 months

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The Sin Tax Reform law has been effective in boosting government revenues as the collection of taxes on cigarettes and alcohol in November already exceeded the full-year target, according to the Bureau of Internal Revenue.

Posted: December 20th, 2013 in Headlines | Read More »

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