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News and Events

Small Stores or Supermarkets: Who's Hurting More from the New Tax on Sugary Drinks?

Revealing numbers from a Nielsen study on the effects of the new tax on sweetened beverages

Neighborhood sari-sari stores have been adversely affected by the new tax on sweetened beverages more than bigger supermarkets, according to a report by market analyst Nielsen.In the study, Nielsen revealed that sari-sari stores saw larger declines in sales volume for different kinds ...

by Lorenzo Kyle Subido  | April 20, 2018 10:00:00
News and Events

Here's How Much More Your Favorite Sugary Drinks Will Cost Due to New Taxes

The TRAIN law adds Php6 or Php12 per liter on sweetened beverages

Among the most important provisions of the Tax Reform for Acceleration and Inclusion (TRAIN) law, which took effect January 1, are taxes on sweetened beverages. Section 47 of Republic Act No. 10963 levies a tax of Php6 per liter on sweetened beverages ...

by Elyssa Christine Lopez  | January 07, 2018 09:00:00
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