RMC No. 95-2010 — Circularizes the increase of Excise Tax rates on alcohol and tobacco products effective January 1, 2011 Digest | Full Text

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE Quezon City November 24, 2010 REVENUE MEMORANDUM CIRCULAR NO. 95-2010 SUBJECT: Increase of Excise Tax Rates on Alcohol and Tobacco Products Pursuant to RA No. 9334 TO : All Internal Revenue Officials, Employees and Others Concerned As prescribed by the provisions of Republic Act No. 9334 and implemented by Revenue Regulations No. 3-2006, the excise tax rates on alcohol and tobacco products will be increased effective January 1, 2011. For the information of the taxpaying public, all revenue officials and employee are enjoined to give this Circular as wide a publicity as possible. (Original Signed) KIM S. JACINTO-HENARES Commissioner of Internal Revenue