{"id":217484,"date":"2019-06-05T02:58:58","date_gmt":"2019-06-05T06:58:58","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=217484"},"modified":"2019-06-05T02:58:58","modified_gmt":"2019-06-05T06:58:58","slug":"congress-approves-higher-tax-on-tobacco","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2019\/06\/05\/congress-approves-higher-tax-on-tobacco\/","title":{"rendered":"Congress approves higher tax on tobacco"},"content":{"rendered":"<figure id=\"attachment_208561\" aria-describedby=\"caption-attachment-208561\" style=\"width: 1280px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/04\/cigarette-1642232_1280-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-208561\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/04\/cigarette-1642232_1280-2.jpg\" alt=\"\" width=\"1280\" height=\"979\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/04\/cigarette-1642232_1280-2.jpg 1280w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/04\/cigarette-1642232_1280-2-300x229.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/04\/cigarette-1642232_1280-2-768x587.jpg 768w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/04\/cigarette-1642232_1280-2-1024x783.jpg 1024w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/04\/cigarette-1642232_1280-2-20x15.jpg 20w\" sizes=\"auto, (max-width: 1280px) 100vw, 1280px\" \/><\/a><figcaption id=\"caption-attachment-208561\" class=\"wp-caption-text\">The measure recommends an increase in excise tax on cigarettes to PHP45 per pack in 2020; PHP50 in 2021; PHP55 in 2021; and PHP60 in 2023, with a 5 percent annual increase thereafter. (Pixabay Photo)<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong>\u00a0&#8212; The House of Representatives on Tuesday adopted the Senate version of the measure that aims to raise the excise tax on tobacco products.<\/p>\n<p>The House concurred with Senate Bill (SB) 2233 and adopted the same as an amendment to House Bill (HB) 8677.<\/p>\n<p>SB 2233, which was approved on final reading Monday, proposes a staggered increase in the excise tax per cigarette pack from 2020 to 2023.<\/p>\n<p>The measure recommends an increase in excise tax on cigarettes to PHP45 per pack in 2020; PHP50 in 2021; PHP55 in 2021; and PHP60 in 2023, with a 5 percent annual increase thereafter.<\/p>\n<p>On the other hand, HB 8677, approved on third and final reading in December 2018, proposed lower rates of PHP37.50 to PHP45 per pack in 2022, and by 4 percent annually thereafter.<\/p>\n<p>Cigarettes are at present levied PHP35 per pack after Republic Act 10963 increased it to PHP32.50 from PHP30 in January 2018 and to PHP35 beginning July 2018.<\/p>\n<p>It is scheduled to go up to PHP37.50 in January 2020.<\/p>\n<p>The House\u2019s concurrence and adoption of SB 2233 dispenses the need for a bicameral conference committee to reconcile the two versions, thus enabling Congress to immediately transmit the measure to Malaca\u00f1ang for President Rodrigo Duterte\u2019s signature.<\/p>\n<p>The President earlier certified SB 2233 as an urgent measure.<\/p>\n<p>In a letter to Senate President Vicente Sotto III, Duterte said there is an \u201curgent need to further protect the health of the people and to maintain a broader fiscal space to support the effective implementation of the Universal Health Care Act.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0&#8212; The House of Representatives on Tuesday adopted the Senate version of the measure that aims to raise the excise &hellip;<\/p>\n","protected":false},"author":44,"featured_media":208561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,95],"tags":[],"class_list":["post-217484","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-news-ph","mauthors-jose-cielito-reganit","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/217484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=217484"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/217484\/revisions"}],"predecessor-version":[{"id":217485,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/217484\/revisions\/217485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/208561"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=217484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=217484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=217484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}