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Former Finance Secretary Margarito Teves, the man who helped pave the way for the sale of the government’s stake in San Miguel Corp. (SMC) despite opposition from coconut farmers, is thankful that the country’s diversifying conglomerate finally agreed to pay for the government’s 24 percent contested bloc.
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The imposition of a higher excise taxes on alcohol and tobacco could generate new funds for public health by roughly $1.4 billion each year, a government think-tank said in a recent report.
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                    [Title] => Government collects P32-billion excise taxes in first half
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FORMER FINANCE SECRETARY MARGARITO TEVES

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                    [Title] => Use proceeds of SMC shares sale to help coco farmers - Teves
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Former Finance Secretary Margarito Teves, the man who helped pave the way for the sale of the government’s stake in San Miguel Corp. (SMC) despite opposition from coconut farmers, is thankful that the country’s diversifying conglomerate finally agreed to pay for the government’s 24 percent contested bloc.
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                    [Title] => Higher excise tax on alcohol can generate $1.4 billion - think-tank
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                    [Title] => Government collects P32-billion excise taxes in first half
                    [Summary] => 
The government has collected P32.284 billion in excise taxes from January to June, higher than the P29.446 billion generated in the same period last year, latest data from the Department of Finance (DOF) showed.
                    [DatePublished] => 2010-07-26 00:00:00
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abtest

Use proceeds of SMC shares sale to help coco farmers - Teves

By Iris Gonzales | October 9, 2012 - 12:00am

Former Finance Secretary Margarito Teves, the man who helped pave the way for the sale of the government’s stake in San Miguel Corp. (SMC) despite opposition from coconut farmers, is thankful that the country’s...

Business

Teves backs administration on public spending

By Iris Gonzales | August 18, 2011 - 12:00am

Former Finance Secretary Margarito Teves supports the Aquino administration’s position to increase public spending instead of balancing the budget.

Business

Higher excise tax on alcohol can generate $1.4 billion - think-tank

By Iris Gonzales | April 4, 2011 - 12:00am

The imposition of a higher excise taxes on alcohol and tobacco could generate new funds for public health by roughly $1.4 billion each year, a government think-tank said in a recent report.

Business

Government collects P32-billion excise taxes in first half

By Iris Gonzales | July 26, 2010 - 12:00am

The government has collected P32.284 billion in excise taxes from January to June, higher than the P29.446 billion generated in the same period last year, latest data from the Department of Finance (DOF) showed...

Business

Citi backs new taxes for new administration

By Lawrence Agcaoili | July 1, 2010 - 12:00am

American banking giant Citigroup stressed the need for the administration of President Aquino to lay down a comprehensive medium-term policy package, including new tax measures.

Business