Tag: tax

The first time we heard of the vanity tax reform bill was in January, with a lawmaker proposing additional taxes for beauty products and procedures in place of fuel. It was faced with widespread criticism, so much that the representative who proposed

A 10 to 30 percent increase in the price of beauty products and services might be in the works. Ako Bicol party-list Rep. Rodel Batocabe has proposed a "vanity tax" that will impose additional taxes on cosmetic products and procedures.If approved, it will

Good news to all shoppers out there! Import goods worth under P10000 are exempted from tariff and taxes starting October 5.According to Customs Administrative Order (CAO) 02-2016, Bureau of Customs Commissioner Nicanor Faeldon said that the order covers imported goods with de