ThePhilippinesTime

Oil firms admit: Excise tax suspension won’t be felt immediately

2026-03-10 - 07:24

MANILA, Philippines — Any suspension of excise taxes on fuel would not be felt immediately by the public since oil companies have to exhaust its remaining products that have been taxed already, a representative from independent industry players said on Tuesday. During the hearing of the House of Representatives’ committee on ways and means, panel head

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