value added tax
IBON Executive Director on the new VAT on digital services
October 3, 2024
The new VAT on digital services is the latest regressive tax on the poor and middle class who already suffer stagnant incomes, falling savings, and rising prices.
Oil taxes continue to burden Filipinos (October 10, 2023)
October 10, 2023
The recent rollbacks are not likely to be sustained with the oil price hikes expected to persist until the end of the year. Now is the time for government to make more decisive and effective steps to minimize fuel costs, by removing excise and value-added taxes on oil products.
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.
Oil taxes continue to burden Filipinos
August 18, 2023
Oil taxes have burdened Filipinos whose purchasing power continues to diminish because of uncontrolled inflation and meager wages. When removed, Filipinos could be paying much cheaper for oil.
It’s an emergency: Help millions of Filipinos in crisis now
November 2, 2022
The government’s spending priorities need to be fixed. Social protection needs to be expanded to help families and sectors in need. It is also never too early to start taking steps to develop the national economy and make Filipinos less vulnerable to external economic shocks.
Despite rollbacks, TRAIN makes fuel more expensive–IBON
December 4, 2018
Research group IBON said that even with recent oil price rollbacks, the Duterte administration’s Tax Reform for Acceleration and Inclusion law (TRAIN) increases fuel prices with an inflationary effect burdening the poor more than the rich. IBON pointed out that rollbacks have always been proven to be temporary and stressed that TRAIN’s taxes make fuel […]
Group refutes government’s defense of TRAIN
July 23, 2018
In a consumer forum held in anticipation of the third State of the Nation Address, research group IBON debunked the Duterte administration’s avid defense of the Tax Reform for Acceleration and Inclusion (TRAIN) Law. The group said that contrary to government’s pronouncements, the tax program is not beneficial to the poor majority of Filipinos and […]
TRAIN-driven rising cost of living makes wage hike urgent
July 9, 2018
Research group IBON said that tax-driven inflation is making the meager wages of poor Filipinos fall even further behind the rising cost of living. The group said this makes it even more urgent for the government to immediately raise wages even as it revisits the Tax Reform for Acceleration and Inclusion (TRAIN) law behind the […]
