fuel excise tax

Rollbacks negligible; fuel tax removal more meaningful — IBON
October 10, 2023
NEWS
Recent oil price rollbacks barely offset the several weeks of hikes since early July. Instead of sitting idly by, the Marcos government should get rid of fuel taxes so that oil prices are lower and to curb the domino effect on the already high prices of other goods and services.

TRAIN suspension, govt transparency and regulation needed to ease OPH burden
February 28, 2019
Research group IBON said that the third consecutive and big-time oil price hike only makes it more urgent for the Duterte administration to stop the oil excise taxes of the Tax Reform for Acceleration and Inclusion (TRAIN). This will lessen the impact of rising oil prices on the poorest families. The group also said that […]

Oil Deregulation Begets Overpricing; TRAIN Aggravates It
January 16, 2019

Repeal TRAIN to moderate impact of fuel prices
December 13, 2018
Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON

Poorest 60% of households suffer income loss due to TRAIN
December 13, 2018
Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON

Fuel prices would be even lower if not for TRAIN
December 13, 2018
Read more: Despite rollbacks, TRAIN makes fuel more expensive–IBON

TRAIN still inflationary with lifting of fuel excise suspension
November 30, 2018
Research group IBON said that government’s continued implementation of the Tax Reform for Acceleration and Inclusion (TRAIN) means that TRAIN’s taxes will keep raising prices next year and make inflation higher than it should be. The group said that lifting the fuel excise tax suspension shows the Duterte administration’s insincerity and insensitivity in addressing the […]

Bolder measures beyond suspension of fuel excise needed—IBON
October 16, 2018
The Duterte administration’s announcement that it will suspend the next round of fuel excise taxes will not lower current high prices and at best only lessens TRAIN’s inflationary impact next year, research group IBON said. It is however a welcome admission of the inflationary impact of the Tax Reform for Acceleration and Inclusion (TRAIN) law, […]

Dubai crude trigger price to suspend TRAIN oil taxes already reached, IBON observed
October 4, 2018
The government is already obliged to start considering suspension of its oil excise taxes as provided for under the Tax Reform for Acceleration and Inclusion (TRAIN) law, said research group IBON. The group said that oil prices have in effect already reached the trigger price for suspending excise taxes as provided in Republic Act 10963 or […]