The government should lower the tobacco excise tax rate and strengthen the enforcement of laws against illicit trade to ...

The Bureau of Internal Revenue (BIR) confirmed on Thursday a decrease in excise tax collection from 2021 to 2024, leading to ...

Government excise tax collection has steadily decreased since 2022, yet the circulation of illegal cigarette products have ...

The Department of Finance (DOF) supports a proposed two-year moratorium on the annual hikes in tobacco excise tax. House ...

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 Bureau of Internal Revenue (BIR) said it collected P130.91 billion in tobacco excise taxes in the first 11 months of 2024 ...

The $11.6 billion two-year budget represents a 10% spending increase and also includes a number of changes in the Department ...

A PROMINENT US economist has raised concerns that the Philippines’ tobacco excise tax rate has entered a “prohibitive range,” as indicated by declining government revenue. Arthur Laffer ...

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 ...

Data show that tobacco excise tax collections in the Philippines declined from the highest collection in 2021 of P176 billion to P160 billion in 2022 and P135 billion in 2023. During the same ...

The Philippine Tobacco Institute (PTI) on Thursday outlined several recommendations to comprehensively address the illicit ...