Excise Taxes on Distilled Spirits Bill / Act PHASE 1 Structure Tier Net Retail Price (per liter) Tax

(per proof liter) HB 5727 (Abaya) ORIGINAL January 2012 Dual 45% More than volume or 45% less 1 2 P42.00 P317.45 HB 5727 (Abaya) Passed on third reading January 2013 Multiple 1 Less than P90.00 P20.00 2 3 45% volume or less 1 P30.00 SB 2764 (Lacson) Year 1 (not specified) Dual More than 45% 2 P150.00 45% volume or less 1 P42.00 SB 3249 (Santiago) January 2013 Dual More than 45% 2 P317.45 RA 9334 (Status Quo) Multiple (raw materials and price) Indigenous Raw Materials P11.65 Other Ingredients 1 Below P250.00 P126.00 2 P250.00 P675.00 P252.00 3 Above P675.00 P504.00

P90.00 P150 P80.00

More than P150.00 P320.00

PHASE 2 Tax (per proof liter)

January 2013 P80.00 P233.73

January 2015 ~ Reclassification based on CPI + 8% increase every two years (2015-2025)

Year 2 (not specified) P80.00 P150.00

January 2014 Increased by 8% every two years (2007-2011) P80.00 P233.73

PHASE 3 Structure Tax (per proof liter)

January 2014 Unitary P150.00 ...

Year 3 (not specified) Unitary P150.00

January 2015 Unitary P150.00 -

PHASE 4

January 2015 ~

Year 4 ~

January 2016 ~ Annual reclassification based on the present value using per capita nominal GDP growth rate

Tax (per proof liter)

Annual reclassification based on CPI

...

Annual reclassification based on CPI