DOF studying tax for ‘alcopops’

Finance Assistant Secretary Antonio Joselito G. Lambino II said they are looking at the possibility of separating the new alcoholic drinks commonly known as “alcopops” from distilled spirits under the government sin tax regime.

“We’re studying whether it [alcopops] should be part of the proposal or if we should maintain the status quo as these products are already being taxed as distilled spirits,” Lambino told reporters late Friday. Alcopops are ready-made carbonated and bottled alcoholic cocktails that are mainly mixtures of different types of spirits and liquors like vodka or rhum and flavoring.

To recall, Finance Secretary Carlos G. Dominguez III said the DOF was keen on pushing the increase in excise tax rates on alcoholic beverages under the Duterte administration’s comprehensive tax reform program .

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