By Aileen Cerrudo
July 26, 2019
“To address the urgent need to protect the right to health of the Filipino people and to maintain a broader fiscal space to support the implementation of the Universal Health Care Act, the President has signed into law HB no. 8677/ SB no. 2233 Increasing the Excise Tax on Tabacco Products,” he said in a statement.
Meanwhile, health advocates including the Sin Tax Coalition lauded the signing of the law on increasing tobacco taxes.
“This latest tax increase represents another positive step in protecting more Filipinos from the harmful effects of cigarette smoking,” said Dr. Anthony Leachon, health advocate and former independent director of PhilHealth.
Under the new law, Republic Act 11346, tax rates for cigarettes will increase to P45 this 2020, from P35 per pack. There will be additional P5 for each succeeding year.
Read More: https://www.untvweb.com/news/duterte-signs-law-on-higher-excise-tax-on-tobacco/