6 months DOF studying tax for ‘alcopops’ MB |Biz
By Chino S. Leyco The Department of Finance (DOF) is studying the proposal to create a separate tax for light alcoholic flavored beverages that are becoming the preferred drinks of millennials. DOF logo Finance Assistant Secretary Antonio Joselito G. Lambino II said they are looking at the possibility of separating the new alcoholic drinks commonly known as “alcopops” from distilled spirits under the government sin tax regime. Lambino said the proposal on alcopop drinks was raised during a meeting of the DOF and the Department of Health (DOH) where they discussed their proposed measure for the 18th Congress that will ... more