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Excise Tax Flashcards

(56 cards)

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1
Q

Alcohol Products: Distilled Spirits (2022-2025)
Ad Valorem

A

22%

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2
Q

Alcohol Products: Distilled Spirits (2022)
Specific Tax - Per Liter

A

P52

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3
Q

Alcohol Products: Distilled Spirits (2023)
Specific Tax - Per Liter

A

P57

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4
Q

Alcohol Products: Distilled Spirits (2024)
Specific Tax - Per Liter

A

P66

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5
Q

Alcohol Products: Distilled Spirits, Wine, Liquor (2025)
Specific Tax - Per Liter

A

6% Increase

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6
Q

Alcohol Products: Wine (2022)
Specific Tax - Per Liter

A

P56.18

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7
Q

Alcohol Products: Wine (2023)
Specific Tax - Per Liter

A

P59.55

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8
Q

Alcohol Products: Wine (2024)
Specific Tax - Per Liter

A

P63.12

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9
Q

Alcohol Products: Liquor (2022)
Specific Tax - Per Liter

A

P39

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10
Q

Alcohol Products: Liquor (2023)
Specific Tax - Per Liter

A

P41

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11
Q

Alcohol Products: Liquor (2024)
Specific Tax - Per Liter

A

P43

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12
Q

Tobacco Products:
Twisted by hand or reduced to be consumed other than by drying or curing. (2022)

A

2.50

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13
Q

Tobacco Products:
Prepared with or without any machine or without being pressed or sweetened. (2022)

A

2.50

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14
Q

Tobacco Products:
Fine-cut shorts and refuse, scraps, clippings, cuttings, stems, and sweepings. (2022)

A

2.50

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15
Q

Tobacco Products:
Chewing tobacco - unsuitable (2022)

A

2.13

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16
Q

Tobacco Products:
Twisted by hand or reduced to be consumed other than by drying or curing. (2023)

A

2.60

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17
Q

Tobacco Products:
Prepared with or without any machine or without being pressed or sweetened. (2023)

A

2.60

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18
Q

Tobacco Products:
Fine-cut shorts and refuse, scraps, clippings, cuttings, stems, and sweepings. (2023)

A

2.60

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19
Q

Tobacco Products:
Chewing tobacco - unsuitable (2023)

A

2.22

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20
Q

Tobacco Products:
All Categories (2024)

A

4% Increase

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21
Q

Cigars:
Ad Valorem (2022-2024)

A

20%

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22
Q

Cigars:
Specific Tax (2022)

A

7.10

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23
Q

Cigars:
Specific Tax (2023)

24
Q

Cigars:
Specific Tax (2024)

25
**Heated Tobacco:** (2022) - Pack of any 20 - Any packaging combinatioj of less than 20
30
26
**Heated Tobacco:** (2023) - Pack of any 20 - Any packaging combinatioj of less than 20
32.50
27
**Heated Tobacco:** (2024) - Pack of any 20 - Any packaging combinatioj of less than 20
5% Increase
28
**Vapor Products:** Nicotine Salt (2022)
47
29
**Vapor Products:** Nicotine Salt (2023)
52
30
**Vapor Products:** Nicotine Salt (2024)
5% Increase
31
**Vapor Products:** (2022) - Conventional Freebase - Classic Nicotine
55
32
**Vapor Products:** (2023) - Conventional Freebase - Classic Nicotine
60
33
**Vapor Products:** (2024) - Conventional Freebase - Classic Nicotine
5% Increase
34
**Petroleum Products:** Kerosene as jet fuel (Measurement - Rate)
Liter - 4
35
**Petroleum Products:** Kerosene (Measurement - Rate)
Liter - 5
36
**Petroleum Products:** Diesel amd Bunker Fuel Oil (Measurement - Rate)
Liter - 6
37
**Petroleum Products:** Processed Gas (Measurement - Rate)
Liter - 10
38
**Petroleum Products:** Denatured Alcohol for motive power (Measurement - Rate)
Liter - 10
39
**Petroleum Products:** Naphtha (Measurement - Rate)
Liter - 10
40
**Petroleum Products:** Gasoline: Regular, Pyrolysis, Unleaded Premium (Measurement - Rate)
Liter - 10
41
**Petroleum Products:** (Measurement and Rate) Lubricating Oils and Greases for: -Base stock for lube oils and greases -High vaccuum distillates -Aromatic extracts Additives whether petroleum based or not
Liter and Kilogram - 10
42
**Petroleum Products:** Oils taxed but subsequently reprocessed, re-refined, and recycled. (Measurement and Rate)
Liter and Kilogram - 10
43
**Petroleum Products:** Wax, Petrolatum, Asphalts (Measurement - Rate)
Kilogram - 10
44
**Petroleum Products:** Liquefied Petroleum Gas (Measurement - Rate)
Kilogram - 3
45
**Petroleum Products:** LPG for motive power (Measurement - Rate)
Kilogram - 6
46
**Petroleum Products:** Petroleum Coke (Measurement - Rate)
Metric Ton - 6
47
**Petroleum Products:** Exempted Products
1.LPG as raw materials for petrochemicals 2.Naphtha and Pyrolysis as taw materials and replacement fuel 3.Petroleum Coke as feedstock
48
**Automobiles:** Exclusions
1. Bus 2. Trucks 3. Cargo Vans 4. Jeepneys 5. Single Cab Chassis 6. Special Purpose Vehicles
49
**Automobiles:** General Rate for Threshold: 0 to 600,000
4%
50
**Automobiles:** General Rate for Threshold: 600,000+ to 1,000,000
10%
51
**Non-essential Goods:** (Ad Valorem on Wholesale Price or Value on Importation) 1. Jewelry 2. Pearls 3. Precious ans Semi-precious Stones and Metals 4. Perfume and Toilet Waters 5. Yachts and Other Vessels for pleasure or sports
20%
52
**Invasive Cosmetic Procedures:** Tax Base
5% on Gross Receipts, net of Excise Tax and VAT
53
**Invasive Cosmetics Procedures:** Inclusions
1. Hair Restoration 2. Breast Augmentation 3. Buccal Fat Reduction 4. Buttocks Augmentation 5. Liposuction 6. Rhinoplasty 7. Otoplasty 8. Vulvovaginal Surgery
54
**Sweetened Beverages:** Purely caloric and non-caloric sweeteners or mix (Specific Tax Rate)
6%
55
**Sweetened Beverages:** Purely high fructose corn syrup or with caloric and non-caloric sweeteners. (Specific Tax Rate)
12%
56
**Sweetened Beverages:** Exempt products
Purely coconut sap sugar and steviol glycosides.

Business Tax (3 decks)

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