The Manila Times on MSN

Excise tax bill to be certified as urgent

MALACAÑANG on Wednesday said President Ferdinand Marcos Jr. will certify as urgent a proposed measure seeking a new authority ...

Excise Tax vs. Sales Tax: How Are They Different?

Excise taxes and sales taxes both generate government revenue, but they work in fundamentally different ways. Sales taxes apply broadly to most retail purchases at a uniform percentage rate, appearing ...
ABS-CBN on MSN

What's the difference between excise tax and VAT - and why we pay both

Marikina 2nd District Rep. Miro Quimbo, chairperson of the committee on ways and means, explained Friday the difference ...

How Tax Pros Can Help Businesses Navigate Excise Taxes (Correct)

Opinion: Implementing excise taxes may require changes to point-of-sale systems, invoicing, and record-keeping. Tax professionals can help advise on necessary system changes to ensure taxes are ...
GMA Network

Quimbo files bill authorizing Marcos to suspend fuel excise taxes during emergencies

House ways and means panel chair and Marikina City 2nd District Rep. Miro Quimbo has filed a bill seeking to allow the President to suspend or reduce the excise tax on petroleum products during ...