MANILA, Philippines - The sin tax shares of the Department of Health (DOH) and the Philippine Health Insurance Corporation (PhilHealth) in the proposed 2020 budget is P28.3 billion short of what the law mandates, Senator Ralph Recto said. In a statement on Thursday, Recto said that under Republic Act 11346, 50 percent of excise tax collections on alcohol, tobacco and soda products should be earmarked for health. READ: Duterte signs higher sin tax for tobacco Recto said that in 2018, total collections from alcohol, tobacco, and sugar-sweetened beverages amounted to P242.8 billion. "Thus, the combined DOH-PhilHealth 50 percent should be P...
Keep on reading: DOH, PhilHealth’s sin tax shares in 2020 budget P28.3 B short – Recto
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