The government should lower the tobacco excise tax rate and strengthen the enforcement of laws against illicit trade to ...
A Filipino economist said that excise tax rates on cigarettes in the Philippines should be revisited to bring them closer to the revenue-maximizing rate. Bienvenido S. Oplas Jr., president of Minimal ...
THE GOVERNMENT should raise taxes on tobacco and vape products to cut their use by Filipinos, according to the Action on Smoking & Health (ASH) Philippines. “The buying capacity of Filipinos has ...
The Bureau of Internal Revenue missed its tobacco excise tax collection target by more than a quarter as illicit trade continued and became even more prevalent in the domestic market.
The Senate Committee on Ways and Means on Wednesday said illicit trade has been a major factor in the rise of smoking ...
The Bureau of Internal Revenue (BIR) confirmed on Thursday a decrease in excise tax collection from 2021 to 2024, leading to a revenue loss of P40 billion over the period. From P174 billion in 2021, ...
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.
More lawmakers expressed their support for the passage of House Bill No. 11279 which aims to stop the worsening illicit cigarette trade problem causing ...
The Senate and various health advocates have expressed alarm over the information that the country gained 9.5 million new ...
Senator Win Gatchalian raised concerns about the country’s persistent problem of illicit cigarette trade, saying it poses a ...
ALTHOUGH a proposed “track and trace” system is seen to plug tax leakages, this would be better combatted with stringent enforcement to further prevent illicit tobacco trade. At the Senate Committee ...