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Duty Free Philippines campaigns on "sin tax"Duty Free Philippines campaigns on "sin tax"
Gavin Lipsith
1-Oct-2006
State-owned retailer Duty Free Philippines (DFP) is preparing to launch a campaign to abolish the "sin tax" imposed on liquor and tobacco products sold in its duty-free stores, DFNI can reveal
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A source close to the company reported that the move was being discussed following lower-than-expected revenue from the tax, first introduced in January 2005.
The disappointing revenues have been blamed
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(15-Jan-2008) - Duty Free Philippines has been given exemption from a mandatory remittance fee
(12-May-2006) - The state-owned retailer is discussing an amendment to exclude duty-free liquor and tobacco from a bill subjecting the products to excise duties.
(12-Jan-2006) - The excise tax on "duty-free" liquor and tobacco now applies in the country's ports and free zones
(9-Aug-2007) -
(8-Nov-2001) - Confectionery continues to be the top-selling category by value at Duty Free Philippines. Together with liquor and tobacco, the sector accounts for 70% of sales.
