Fuel tax hike - updates

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New year, more taxes: Last fuel hike under TRAIN takes effect

Jan 01, 2020 - 3:11 PM

Under the final tranche, excise tax for gasoline and kerosene will increase by P1 per liter, while diesel prices will go up by P1.50

TAXES. Oil prices will surge anew in 2020 due to the Tax Reform for Acceleration and Inclusion law. File photo by Darren Langit/Rappler