Global Trade Alert
Global Trade Alert

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

Announcement

17 Jun 2021

In June 2021, the government of the Philippines terminated the excise tax exemption on the exportation of sweetened beverages.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Jul 2021

Revocation date:

No revocation date

Updated: 17 Jun 2021
Tax-based export incentive In force

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&n...

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