Philippine Daily Inquirer - - NEWS - By DJ Yap @dee­jayapINQ

The Se­nate pro­posal to slap a 20-per­cent ex­cise tax on cos­metic pro­ce­dures has been met with luke­warm re­cep­tion from the chair of the House ways and means com­mit­tee.

“This is just my per­sonal view and not the of­fi­cial view, but I think there’s more to the is­sue of cos­metic pro­ce­dures [than cost],” Quirino Rep. Dak­ila Carlo Cua said in a ra­dio in­ter­view.

Cua noted that not only wealthy peo­ple would get cos­metic pro­ce­dures done on their faces or bod­ies. “Get­ting a pro­ce­dure helps raise a per­son’s self-es­teem. It el­e­vates their con­fi­dence level,” he said.

Cua cited the need for fur­ther study on the vi­a­bil­ity of the Se­nate pro­posal.

“My com­mit­tee will con­sult le­gal lu­mi­nar­ies to de­ter­mine if this is fea­si­ble. If it is, we will study it fur­ther and keep dis­cussing it,” he added.

Un­der Se­nate Bill No. 1592, the cham­ber’s ver­sion of the tax re­form pack­age, nonessen­tial goods and ser­vices, in­clud­ing cos­metic pro­ce­dures, shall be levied a 20-per­cent ex­cise tax.

That pro­vi­sion is ab­sent in House Bill No. 5636, the House ver­sion of the tax re­form for ac­cel­er­a­tion and in­clu­sion mea­sure.

The House ap­proved the bill in May on third read­ing.

The tax re­form bill seeks to lower per­sonal in­come tax rates but raises taxes on some com­modi­ties and ser­vices, in­clud­ing fu­els and sweet­ened bev­er­ages.

A bi­cam­eral con­fer­ence com­mit­tee will rec­on­cile dif­fer­ences be­tween the Se­nate and House mea­sures, once the for­mer has passed its own ver­sion on third read­ing.

Newspapers in English

Newspapers from Philippines

© PressReader. All rights reserved.