Government excise tax collection has steadily decreased since 2022, yet the circulation of illegal cigarette products have ...
The Bureau of Internal Revenue missed its tobacco excise tax collection target by more than a quarter as illicit trade ...
The Bureau of Internal Revenue (BIR) confirmed on Thursday a decrease in excise tax collection from 2021 to 2024, leading to ...
A Filipino economist said that excise tax rates on cigarettes in the Philippines should be revisited to bring them closer to ...
Rising illicit cigarette trade has led the country to a “lose-lose situation” by drastically reducing government revenues and ...
THE Philippine Tobacco Institute (PTI) said on Thursday that a pause in raising excise taxes on tobacco could steer consumers away from smuggled cigarettes and stabilize prices of legitimate products.
The Department of Finance (DOF) today expressed support to the proposed suspension of the annual tobacco excise increases ...
A Filipino economist said that excise tax rates on cigarettes ... Laffer said the phenomenon of declining tobacco tax collections in the Philippines could be explained using the Laffer Curve ...
THE Bureau of Internal Revenue (BIR) said it collected P130.91 billion in tobacco excise taxes in the first 11 months of 2024 ...
The proliferation of illicit cigarettes created a “lose-lose situation” for the Philippines, reduciong government revenue and undermining public health ...
The Department of Finance (DOF) supports a proposed two-year moratorium on the annual hikes in tobacco excise tax. House ...
THE rampant illicit tobacco trade and misdeclaration of vapor products are projected to cost the government P240.3 billion in excise tax leakages over the next three years. Data from the Bureau of ...