An Act Amending Sections 144, 145, 147, and 263-A of Republic Act No. 8424, as Amended, Otherwise Known as the National Internal Revenue Code of 1997, and for Other Purposes
The proposal would set new excise taxes – ₱39.50 per pack for heated tobacco, ₱20 per milliliter for all e‑cigarette liquids, and ₱1 per gram or milliliter for novel tobacco items – starting 1 Jan 2027, and would require the tax agency to publish minimum prices. Selling any of these products below the set floor price could lead to heavy fines and up to six years in prison.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/SBN-2498. Status changes over time; check the link for the latest.
SBN-2498 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.