IMPOSING excise taxes and proposing a ban on single-use plastics (SUP) contradict the implementation of the Extended Producer Responsibility (EPR) framework, an industry leader argued.
IMPOSING excise taxes and proposing a ban on single-use plastics contradict the implementation of the Extended Producer Responsibility framework, an industry leader argued.Philippine Chamber of Commerce and Industry member and former President of the Philippine Plastics Association Danny Ngo said that the simultaneous push for excise tax on plastic bags raises concerns about policy coherence and potential economic impacts.
The department proposed a P100 per kilogram excise tax for SUP expected to generate over P31 billion from 2025 to 20208.The tax will have a 4-percent annual increase starting in the third year and will apply to non-recyclable bags like 'ice,' 'labo' or 'sando' bags.'The government's assumption that these taxes will generate significant revenue, mirroring the experience with sugar-sweetened beverages, is flawed,' Ngo said.
Excise Tax On Plastics Questioned
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