ra 10351 excise tax on alcohol and tobacco products or the Sin Reform Law successfully achieved its objective of generating additional revenue earmarked for the universal health care program of the government as well as the objective of Increase on Sin Tax affecting
Increase on Sin Tax affecting Alcohol and Tobacco products is as follows. #BudgetSpeech2025 Imposing higher excise taxes on tobacco and alcohol products will make them less affordable. Globally, taxation is known to be the most cost effective intervention to reduce consumption of these harmful products. Let Tax hike makes 8M Filipinos quit smoking The Filipino Times Sin Tax Reform Law (RA 10351) Overview PDF Distilled Beverages Taxes philippines SEATCA TOBACCO TAX PROGRAM
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