THE Finance Department is willing to forego a proposal to impose a P10.00 excise tax on sugar-sweetened beverages if Congress will agree to pass the petroleum products tax bill in full, Sen. Juan Edgardo “Sonny” Angara said Friday.

Angara, chairman of the committee on ways and means, said it was Finance Secretary Carlos Dominguez 3rd who hinted at making a deal with Congress to ensure the approval of the proposed additional tax on fuel.

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