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Suspend Excise Taxes on Fuel Bill by lngarcia2 is a document available to read on EtoBox.
What is Suspend Excise Taxes on Fuel Bill about?
Senate Bill No. 229, introduced by Senator Robinhood Padilla, proposes the suspension of excise taxes on unleaded premium gasoline, regular gasoline, and diesel fuel oil when the average Dubai crude oil price exceeds USD 80 per barrel. This measure aims to alleviate the financial burden on Filipino families due to rising oil prices exacerbated by global events and the COVID-19 pandemic. The bill seeks to amend Section 148 of the National Internal Revenue Code to establish this automatic suspension and inclu
- Author
- lngarcia2
- Language
- EN