Thursday 18 October 2018
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1 months ago

Employers’ group cautions against further fuel excise tax hike

The country s main employers group said the government should consider suspending the scheduled increases in the fuel excise tax, as a means to help curb inflation. In a statement, the Employers Confederation of the Philippines (Ecop) said the government should keep from further implementing fuel tax hikes under the TRAIN law, the first tax reform package of the Duterte administration. While the package lowered the personal income tax of millions of Filipinos, it increased consumption taxes such as

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