THE government is ready to suspend the implementation of the excise tax on fuel under the Tax Reform for Acceleration and Inclusion (TRAIN) Law as oil firms will impose another big-time increase, Malacanang said on Tuesday.
Speaking to reporters, Palace spokesman Harry Roque said the collection of excise tax on fuel under TRAIN would be suspended once the trigger price has been reached.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.