Blog Posts - Sin Tax

Hiking the alcohol tax could help fight gonorrhea as effectively as distributing condoms

Raising the alcohol tax may sound like a buzzkill to a lot of Americans, but the research increasingly shows it could have dramatic benefits to public health.
by TaxWorldWeb on Dec 15, 2015

Sin tax collections hit P14.55 B in October

Excise tax collections from tobacco and alcohol products hit a historic high in October, giving the government more funds for universal healthcare as envisioned in a reform enacted three years ago.
by TaxWorldWeb on Nov 30, 2015

Liquor and cigarette companies suspected of attack on ‘sin tax’ revenue

The Health Promotion Foundation has voiced suspicion that some liquor and cigarette firms are behind efforts to ban the use of an earmarked tax.
by TaxWorldWeb on Aug 9, 2015

CDC likely to drop sin-tax ban

Constitution writers will likely drop the change that will lift the sin tax collected from liquor, cigarette and beer producers after facing strong opposition and reviewing the situation.
by TaxWorldWeb on Aug 4, 2015

Tax take from ‘sin’ products jumps 15.1%

Collections from the excise tax slapped on so-called “sin” products jumped 15.1 percent to P41.76 billion as of end-May, Internal Revenue Commissioner Kim S. Jacinto-Henares disclosed Monday.
by TaxWorldWeb on Jul 13, 2015

‘Sin tax’ cuts cigarette smoking in Philippines–Henares

A “sin tax” on cigarettes has sharply cut smoking in the Philippines while also boosting government revenues, the internal revenue chief claimed on Monday.
by TaxWorldWeb on Jun 15, 2015

‘Sin tax revenue not going to health care’

A senior administration lawmaker has called for a congressional inquiry into the reported failure of the government to allocate a big part of the revenue collection from the Sin Tax Law to finance the universal health care program.
by TaxWorldWeb on Nov 29, 2014

Sin taxes reach P78.3 B in 9 months

Excise tax collections from the sale of tobacco and alcohol products continued to outpace the government’s target in the first nine months of the year, according to the latest data released by the Bureau of Internal Revenue.
by TaxWorldWeb on Nov 24, 2014

$800,000 to review ‘sin tax’

A “sin tax” on unhealthy items is often touted as a way to stop people having them so often, but it might drive them to cheaper brands.
by TaxWorldWeb on Nov 5, 2014

Sin tax collection up 30% in H1

Collection of excise taxes on cigarettes and alcoholic beverages grew by almost a third in the first half, largely driven by extra revenue generated by the sin tax reform law which took effect in January last year.
by TaxWorldWeb on Aug 21, 2014

Sin tax collection hits P23.02 B in Jan-April

The government surpassed its goal for excise tax collections on alcoholic beverages and tobacco products in the first four months of the year, data from the Bureau of Internal Revenue (BIR) showed.
by TaxWorldWeb on Jun 3, 2014

Tripling the Tax on Alcohol

Would it do any good?A recent article in Slate by Reihan Salam, a sort of modest proposal on behalf of a big boost in alcohol excise taxes, caught considerable flack from free market advocates and conservative bloggers last week. Salam says Americans...
by Addiction Inbox on Jun 2, 2014

Sin Tax – The Price Of Guilty Pleasures

We all have some guilty pleasures right? I mean, who doesn't? My guilty pleasure is enjoying a nice micro-brew from many different places. Did you know that many of our guilty pleasures like alcohol, tobacco, gambling, soda, and fast food have sin...
by Debt Roundup on Oct 24, 2013

Where does it go?

  I want to know where taxes I pay goes and what they are actually used for? Most of have no clue if the taxes that are added on goods and services are actually used for the intended purpose they were originally for. This sounds a little vague I...
by Possum Quarter on Sep 14, 2013

Congress ratifies sin tax bill

MANILA, Philippines – Prices of cigarettes will soon go up substantially after the Senate and the House of Representatives ratified the sin tax measure last night.
by TaxWorldWeb on Dec 11, 2012

Sin tax law may sway credit firms to upgrade PH

The enactment into law of the controversial “sin” tax bill may be all that is needed to persuade international rating agencies to immediately upgrade the Philippines’ credit standing to an investment grade.
by TaxWorldWeb on Nov 21, 2012

Senate agrees on P40-B sin taxes

MANILA, Philippines – The Senate failed to approve the sin tax bill yesterday despite reaching an agreement to stick to the aggregate revenue target of P40 billion from the measure.
by TaxWorldWeb on Nov 19, 2012

Gun and Ammo Tax Proposal Draws Fire -

And we say there’s no “magic bullet” to fix the economy… A Cook County official has proposed a surtax on the sale of every bullet and firearm in the nation’s second largest county. The tax was proposed as part of the upcoming budget in an...
by Security Tax Services on Oct 25, 2012

Sin tax frozen for 17 years

MANILA, Philippines – Sin tax rates have remained at “super-unrealistic” levels since 1996 as previous congresses failed to make adjustments, Speaker Feliciano Belmonte Jr. said yesterday.
by TaxWorldWeb on Oct 19, 2012

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