The government should lower the tobacco excise tax rate and strengthen the enforcement of laws against illicit trade to ...
THE DEPARTMENT of Finance (DoF) pushed for a single tax rate on Thursday on all types of nicotine and vapor products to ease the collection burden on the Bureau of Internal Revenue (BIR). “It is very ...
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 ...
IN 2021, the Bureau of Internal Revenue issued Revenue Memorandum Order (RMO) 14-2021, updating the procedures in availing tax reliefs under tax treaties. The BIR modified the manner of confirming ...
Foreign digital service providers operating in the Philippines only have four months to comply with the mandatory ...
At the Jan. 14 hearing of the House Ways and Means Committee, a heavy blow to public health and fiscal responsibility was averted. Pro-tobacco legislators had prepared to hijack the Anti-Illicit ...
Senator Win Gatchalian raised concerns about the country’s persistent problem of illicit cigarette trade, saying it poses a ...
The government exceeded its revenue collection target last year on the back of higher tax and non-tax revenues, data from ...
Feeling that they were being “shortchanged,” mayors across the country asked the Department of Finance (DOF) for a full ...
A group of House leaders filed a bill to temporarily suspend the annual increases in tobacco excise taxes to combat the ...
Illicit cigarette trade pushed smoking prevalence in the Philippines from 14.6 percent in 2021 to 18.9 percent in 2023, based ...