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What is Excise Tax Overview in the Philippines about?

The document outlines increases to various excise and documentary stamp taxes in the Philippines. Key points include: 1. Excise taxes on cosmetic procedures, cigarettes, lubricating oils, processed gas, and petroleum products will increase. 2. Excise taxes on gasoline, aviation fuel, kerosene, diesel, liquefied petroleum gas, asphalts, and bunker fuel will also increase gradually from 2018 to 2020. 3. Documentary stamp taxes on stock transactions, bank checks, life insurance policies, and pre-need plan

Author

Assuy Asufra

Language

EN