
Philippine President Marcos Jr. Signs Law Suspending Fuel Excise Tax
The Philippine government has declared a state of national energy emergency, and President Ferdinand Marcos Jr. has now officially signed into law a bill authorizing him to suspend or reduce excise taxes on petroleum products, a day after the declaration, though he has indicated he will not use these powers immediately.
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Marcos signs law allowing him to suspend or reduce fuel excise tax
President Ferdinand Marcos Jr. signs the law a day after declaring a state of national energy emergency in the country
By Rappler.com
Read full article →Marcos signs law suspending fuel excise tax
MANILA, Philippines — President Ferdinand Marcos Jr. on Wednesday signed into law a bill authorizing him to suspend or reduce excise taxes on petroleum products, as the country continues to feel the impact of rising oil prices caused by the conflict in the Middle East. Republic Act No. 12316 states that the sitting president, upon the
By mmercado
Read full article →Marcos signs law allowing excise tax freeze, but won't use powers yet
President Marcos set to sign law allowing suspension of fuel excise tax amid rising prices.
By Jean Mangaluz
Read full article →Coverage Timeline
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