What is an excise tax?
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Source: The Manila Times
Published: 2026-04-08 02:01 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Law & Courts, Tax & Budget, World News, Retail
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Snippet:
I’ve been hearing in the news that the president has proposed lifting the excise tax on petroleum products in order to help the motorists. What is an excise tax, what products are subject to this type of tax, and how much is the rate?
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