“I was told it will be signed this week because that is a priority measure, certified urgent by the President in the previous Congress and mentioned by the President in the SONA ,” Chua said during a Palace press briefing.
Chua said the enrolled tobacco tax bill was transmitted to Malacañang last June 27, and will lapse into law on July 27 if the President does not act on it.“The Tobacco Excise Bill passed by the 17th Congress which increases the rates of the tobacco excise from P35 to P45, and added a tax on heated tobacco products and the e-cigarettes,” he added.
With the imminent enactment of the tobacco tax bill, Chua said the government is pushing for the passage of other tax reform bills, including the higher tax on alcohol beverages.
Crush ko to si Chua!
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