Philippines – new taxes on tobacco products introduced
JANUARY 2013 - As of 1 January 2013, Republic Act No. 10351, which restructures the excise tax on alcohol and tobacco products, has been in force in the Philippines. The tax on cigarettes is now 12 Philippine pesos (P12), approximately US$ 0.3, per pack for those with a net retail price (excluding the excise tax and the 12% value added tax) of P11.50 and below. For those with a higher retail price, the tax is P25. The rates will go up to P17 and P27, respectively, in 2014, P21 and P28 in 2015, and P25 and P29 in 2016.