Tag: Sin tax law

Lacson: Unitary Tax System Best for Health Sector under Sin Tax Law

Health benefits and the government’s revenue generation should be the main considerations of the sin tax law.

On this note, Sen. Panfilo M. Lacson said the present Sin Tax Reform Act (RA 10351), which provides for a shift to a unitary instead of a two-tiered tax system for tobacco products, should be allowed to take its course.

β€œWhatever will benefit the health sector as well as the government’s revenue generation, I would support. Initially, I’d rather allow the present law to take its course, that is, to allow the automatic shift to (a unitary tax system), monitor and review the implications before taking any legislative intervention, but most importantly, prevent leakages in the sin tax collections,” Lacson said.

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