Tobacco farmers oppose single excise tax rate

Tobacco farmers have expressed their opposition to a proposal of the Department of Finance (DOF) to impose a single excise tax rate on tobacco products.
The National Federation of Tobacco Farmers’ Associations and Cooperatives Inc. (NAFTAC) also appealed to lawmakers to postpone the implementation of the proposed new excise tax scheme on tobacco and alcohol products due to its negative impact on their livelihood
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