
House bill seeks powers for President to suspend fuel excise tax
MANILA, Philippines — A bill that seeks to give the President powers to suspend the excise tax on petroleum products when warranted — like during the current conflict in the Middle East —was filed by Marikina Rep. Miro Quimbo on Tuesday. Quimbo, in a statement, said that he supports calls to suspend excise taxes on fuel
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House bill seeks powers for President to suspend fuel excise tax
MANILA, Philippines — A bill that seeks to give the President powers to suspend the excise tax on petroleum products when warranted — like during the current conflict in the Middle East —was filed by Marikina Rep. Miro Quimbo on Tuesday. Quimbo, in a statement, said that he supports calls to suspend excise taxes on fuel
By postie
Read full article →Marcos eyes special power to reduce fuel excise tax
Amid the raging conflict in the Middle East and its anticipated impact on consumer oil prices, President Marcos is eyeing “special powers” from Congress to lower the excise tax on fuel.
By Helen Flores
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