Can I read Court Upholds Sin Tax Law RA 10351 on EtoBox?
Court Upholds Sin Tax Law RA 10351 by pribhor2 is a document available to read on EtoBox.
What is Court Upholds Sin Tax Law RA 10351 about?
The Chairman of the House Committee on Ways and Means welcomed a court ruling that rejected a petition by liquor manufacturers to stop the implementation of a new sin tax law. The court denied the request for a temporary restraining order, saying that generating tax revenue takes priority over property rights in this case. The new law is expected to generate over 33 billion pesos in tax revenue annually, primarily from cigarettes, distilled spirits, and fermented liquors, to fund healthcare programs.
- Author
- pribhor2
- Language
- EN