ICSC hails bicam approval of coal tax hike
REACTIVE MANILA, 12 December 2017 — The bicameral conference committee agreed yesterday to increase the coal excise tax under the Tax Reform for Acceleration and Inclusion (TRAIN) bill, from its current rate of ten pesos (P10) per metric ton to P50 up to P150 per metric ton over the next three years. Reacting to the development, [...]