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Philippines: An excise tax exemption on the exportations of sweetened beverages terminated

Description

On 17 June 2021, the government of the Philippines issued BIR Regulation No.10/2021, imposing an excise tax on the exportations of sweetened beverages that were previously exempted under the BIR Regul...

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Intervention Details

Intervention Type

Tax-based export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

02 Jul 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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