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SENATE RATIFIES BILL RAISING E-CIGARETTES, ALCOHOL TAXES

The Senate has ratified the bicameral conference committee report on the measure that will tax electronic cigarettes and raise excise taxes on alcohol, which is expected to give the government an additional P24.9 billion in revenues. The bicameral conference committee earlier reconciled Senate Bill No. 1074 and House Bill No. House Bill No. 1026. Distilled spirits, fermented […]