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ECCP Meeting with BIR officials on Alcoholic Beverage Excise Tax

December 13, 2019
ECCP Online
ECCP at Work
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Members of the ECCP Food and Beverage Committees met with officials from the Bureau of Internal Revenue last 12 December to discuss the proposed excise taxes on alcoholic beverages; ad valorem vs. specific tax; and the basis for Net Retail Price (NRP). The Committee looks forward to working closely with BIR in the drafting of the relevant Revenue Regulations.