The Philippines ranked best in the Association of Southeast Asian Nations (Asean) in terms of tobacco taxation and making cigarettes less affordable based on a global study covering the period 2012 to 2018, the Department of Finance (DOF) said Thursday.
In a statement, the DOF said the independent Tobacconomics Cigarette Tax Scorecard published last year showed the Philippines was among those “with the greatest improvement in cigarette tax policy” due to “the simplification of previously complicated tiered cigarette excise tax structures, accompanied by large tax increases.” The study covered 170 countries.
DOF Assistant Secretary Maria Teresa Habitan reported to Finance Secretary …
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