Tag page - sin tax

The Bureau of Internal Revenue (BIR) has issued its guidelines for the implementation of the Vape Law that also set the floor price for heated, vapor, and other tobacco products. On Thursday, Nov. 17, the BIR published Revenue Regulations No. 14-2022, which serves as its implementing rules and...

(Photo from Pixabay) The Sin Tax Coalition group urged President Ferdinand "Bongbong" Marcos Jr. to veto the vape bill. In a statement, the group said that by vetoing Senate Bill 2239 or the proposed Vaporized Nicotine Products Regulation Act will help "prevent more young non-smokers from being...

A massive warehouse in Nueva Ecija with the size of five basketball courts was raided recently by the Bureau of Internal Revenue (BIR) for illegally operating as a printing facility for counterfeit cigarette labels and packaging materials. In a statement, the BIR Tobacco Strike Team said the...

PMFTC Inc., the local affiliate of Philip Morris International (PMI), remained the country’s largest cigarette manufacturer in terms of sin tax contributions to government revenue, data from the Department of Finance (DOF) showed. PMFTC Based on the DOF’s analysis, the company behind the...