Tag: excise tax

Statements

Lacson, May Solusyon sa Tumataas na Presyo ng Gasolina

Kondisyunal na pagsuspinde sa excise tax ng gasolina, at ang pagtanggal sa napakaraming Value-Added Tax (VAT) exemptions.

Ayon kay Senador Panfilo “Ping” M. Lacson, ito ang dalawang magkaakibat na solusyon na magbibigay ng hinga sa mga Pilipino sa patuloy na pagtaas ng presyo ng gasolina.

“We can conditionally suspend excise taxes on fuel when oil prices reach a threshold price in the international market such as $90 or even $100 per barrel. This could provide some breathing space not just for the transport sector but those affected by high fuel prices,” ayon kay Lacson sa isang panayam Linggo ng gabi.

Related: Lacson Pushes 2-Pronged Formula for ‘Breathing Room’ Amid Soaring Fuel Prices
Continue reading “Lacson, May Solusyon sa Tumataas na Presyo ng Gasolina” →

Statements

Lacson Pushes 2-Pronged Formula for ‘Breathing Room’ Amid Soaring Fuel Prices

A conditional suspension of the excise tax on fuel, and the scrapping of several lines of exemption in the Value-Added Tax (VAT).

Sen. Panfilo “Ping” M. Lacson said this is the two-pronged formula that can give Filipinos some badly needed breathing room from the effects of prohibitive fuel prices.

“We can conditionally suspend excise taxes on fuel when oil prices reach a threshold price in the international market such as $90 or even $100 per barrel. This could provide some breathing space not just for the transport sector but those affected by high fuel prices,” Lacson said in an interview with the media Sunday evening.

Related: Lacson, May Solusyon sa Tumataas na Presyo ng Gasolina
Continue reading “Lacson Pushes 2-Pronged Formula for ‘Breathing Room’ Amid Soaring Fuel Prices” →

Statements

#PingTweets: On the DBCC stand to push through with fuel excise tax hike in 2019

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In the News, Photos, Statements, Videos

Kapihan sa Senado forum | Nov. 15, 2018

At the Kapihan sa Senado forum, Sen. Lacson answered questions on:
– return of the Balangiga Bells from the US to PH
– portrayal of PNP leadership in ‘FPJ’s Ang Probinsyano’
– suspension of excise tax on fuel products in 2019
– President Duterte’s supposed ‘power nap’ at the ASEAN Summit
– possible arrest of former First Lady Imelda Marcos
– bringing down VAT and cutting the number of exemptions
– possible Senate inquiry into recent killing of local executives
– rogue cops abusing their authority amid a pay raise starting January 2019
– prospective third telco
– DICT leadership change
– legislation transferring training of police recruits from PPSC to PNP
– ‘rampant corruption’ at Customs
– possible extension of martial law in Mindanao

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Quotes from the interview… Continue reading “Kapihan sa Senado forum | Nov. 15, 2018” →

In the News, Statements, Videos

#PingSays: On the President’s health, latest proposed amendments to the Constitution | Oct. 10, 2018

In an interview, Sen. Lacson answers questions on:
– speculations on the health of President Duterte
– proposed amendments to the Charter by the House
– possibility of suspending fuel taxes

Quotes from the interview…  Continue reading “#PingSays: On the President’s health, latest proposed amendments to the Constitution | Oct. 10, 2018” →

Statements

#PingTweets: On the TRAIN law

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Related:
Ibaba ang buwis: Bawasan ang VAT exemptions
Kung mababawasan ang 143 VAT exemptions…
Sen. Lacson proposes amendments to the Tax Reform Bill