The government should lower the tobacco excise tax rate and strengthen the enforcement of laws against illicit trade to ...
Inquirer on MSN10h
BIR: P40B in excise taxes lost due to illicit cigarette, vape tradeThe 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 ...
Hosted on MSN23h
BIR misses tobacco excise tax collection target in 2024The Bureau of Internal Revenue (BIR) missed its tobacco excise tax collection target by more than a quarter as illicit trade ...
Inquirer on MSN20h
Illicit cigarettes create ‘lose-lose situation’ for tax, health goalsRising illicit cigarette trade has led the country to a “lose-lose situation” by drastically reducing government revenues and ...
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