5727 - updates

Rappler's latest stories on 5727


After 15 years, sin tax bill hurdles Senate

Nov 20, 2012 - 8:35 PM

This brings the bill one step closer to becoming a law The bill will raise P39 5 B additional revenues for government in the first year slightly lower than the Palace s P40 B target but higher than the P31 B approved by the House

APPROVED. The Senate passes on November 20 the sin tax reform bill, marking the first time in 15 years that the measure made it out of committee level. Photo by Alex Nuevaespana, Senate PRIB

Senate panel eyes lower sin tax revenue

Oct 10, 2012 - 8:59 AM

The target revenue is much lower than the P31 billion approved by the House of Representatives and the P60 billion that the Finance Department wanted

BISYO: A special report on Sin Tax

Sep 25, 2012 - 1:21 PM

Will genuine tax reforms remain wanting because of compromises with the powerful tobacco lobby? Watch this special report on the Sin Tax bill

Taxing tobacco: ‘Gov’t still earns if poor, youth buy less’

Sep 17, 2012 - 10:46 AM

Only the price sensitive segments of the population—the poor and the youth—will be discouraged by higher cigarette prices The rich will still buy the products

Sin tax reform: Making the grade

Jun 13, 2012 - 10:27 AM

The role of Congress and now the Senate is to sort through the rhetoric and weigh the sides in light of what is in the best interests of the nation

James M. Lafferty.

Historic sin tax bill passes House

Jun 06, 2012 - 8:02 PM

For the first time in at least 15 years and 3 administrations a crucial tax reform bill passes the Lower House making cigarettes and liquor more expensive

3 things you need to know about sin tax reform moves

Jun 06, 2012 - 7:07 PM

The cigarettes and some alcohol products sold in the Philippines are the lowest in the world But that could change if Congress can make progress with efforts to reform the current excise tax structure on sin products

Sin tax bill has votes to pass in the House, says sponsor

Jun 06, 2012 - 10:55 AM

The sin tax reform bill could pass the House before President Aquino s State of the Nation Address

Not considering inflation in sin tax to cost P4.7-B

Jun 06, 2012 - 10:55 AM

If the pending legislation on the amendment of excise law on cigarette and alcohol product would not consider the rising cost of prices and services the government stands to lose additional P4 7 billion in revenues says finance official Gil Beltran

Ex-health, finance secretaries stand behind sin tax reform

Mar 15, 2012 - 10:13 AM

Former health and finance officials signed a manifesto supporting House Bill 5727 to reform the mandate a simple simple tax system for alcohol and tobacco

Sin tax reforms 101 (accdg to Palace-backed House bill)

Mar 13, 2012 - 12:09 PM

Congress is hotly debating the sin tax reform bill authored by Representative Abaya but what exactly does it contain?