Republic Act No. 11467 increased the excise tax imposed on alcohol products effective on January 1, 2020. The ad valorem tax on distilled spirits is 22 percent of the net retail price, and the specific tax is P42.00 per proof liter. For all types of wines, the excise tax is P50.00 per liter. For other fermented liquor including beer, the excise tax is P35.00 per liter. There is a structure for increasing excise taxes each year and the law does not include a sunset provision. The United States is a top three supplier of alcohol products to the Philippines with a nine percent market share. Despite the increase in excise taxes, traders expect sales to continue growing five to ten percent each year due to robust demand.