More than five hundred pesos (PhP500.00), the excise tax is seven hundred pesos (PhP700.00).įor still wines and carbonated wines containing fourteen percent alcohol by volume or less, the excise tax is thirty pesos (PhP30.00).įor still wines and carbonated wines containing more than fourteen percent alcohol by volume but not more than twenty-five percent alcohol by volume, the excise tax is sixty pesos (PhP60.00).ī. Five hundred pesos (PhP500.00) or less, the excise tax is two hundred fifty pesos (PhP250.00) ī. The excise tax on wines is based on the following schedule:įor sparkling wines regardless of proof, if the net retail price (excluding excise tax and value-added tax) per 750 ml is:Ī. Effective on Januand every year thereafter, the specific tax of twenty pesos (PhP20.00) shall increase by four percent. An ad valorem tax equivalent to 20 percent of the net retail price (excluding excise tax and value-added tax) per proof liter andĬ. A specific tax of twenty pesos (PhP20.00) per proof liter.ġ. The excise tax on imported and domestically produced distilled spirits regardless of the raw material used is composed of a uniform ad valorem (“according to value”) tax and a specific tax based on the following schedule:ġ, An ad valorem tax equivalent to 15 percent of the net retail price (excluding excise tax and value-added tax) per proof liter andĢ. The schedule of excise tax rates and related regulations are available at. While the excise tax rates are among the lowest in the region, the annual increase is open-ended. 10351 entitled, “An Act Restructuring the Excise Tax on Alcohol and Tobacco,” otherwise known as the 2012 Sin Tax Reform, provided revised excise tax rates imposed on distilled spirits, wines and fermented liquors. 1 of 1998, established rules for implementing TRQs and allocating import licenses. Administrative Order (A.O.) 9 of 1996, as amended by A.O. Currently, there is an additional special safeguard duty in place for chicken meat, which effectively doubles the rate of out-of-quota tariff protection. Out-quota tariffs are at 180 percent (or the tariff equivalent based on the WTO Agreement on Agriculture upon the expiration of the waiver of the special treatment for rice, whichever is higher).Īt present, a few TRQ products have achieved unified in-quota and out-of-quota tariff rates, including chicken, frozen or chilled (40 percent) turkey livers, frozen or chilled (40 percent) potatoes, fresh and chilled (40 percent) and roasted coffee beans (40 percent). A 350,000 ton-rice TRQ will be levied a 40 percent duty. 11203, as contained in Joint Memorandum Circular (JMC) 01-2019, were approved on March 5, 2019. The Implementing Rules and Regulations (IRRs) of RA No. 8178 or the Agricultural Tariffication Act of 1996 and replaces the quantitative restrictions (QR) on rice imports with tariffs. 11203 or “An Act liberalizing the importation, exportation, and trading of rice, lifting for the purpose the quantitative import restriction on rice, and for other purposes". On February 14, 2019, President Rodrigo Duterte signed into law the Republic Act (RA) No. In-quota and out-of-quota tariff rates averaged 36.5 percent and 41.2 percent, respectively, and have not changed since 2005. These products are subject to a tariff rate quota (TRQ) and all imports outside of the minimum access volume are taxed at a higher out-of-quota rate. The Philippines maintains a two-tiered tariff policy for sensitive agricultural products including rice, corn, pork, chicken meat, sugar, and coffee. The average tariffs on agricultural products stayed flat at 11.49 percent from 2018 to 2019, although this does not include the recent conversion of rice quantitative restrictions to tariffs, which the Philippine Tariff Commission is still calculating. Philippines - Multilateral Development Banks Philippines - Investment Climate Statement Philippines - Licensing Requirements for Professional Services Licensing Requirements for Professional Services Philippines - Prohibited & Restricted Imports Philippines - Labeling/Marking Requirements Philippines - Import Requirements and Documentation Philippines - Information and Communications Technology Leading Sectors for US Exports & Investments Philippines - Limitations on Selling US Products and Services Philippines - Principle Business Associations Philippines - Local Professional Services Philippines - Protecting Intellectual Property Philippines - Sales Service/Customer Support Philippines - Trade Promotion and Advertising Philippines - Selling Factors and Techniques Philippines - Distribution and Sales Channels Philippines - Using an Agent to Sell US Products and Services
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