The consumption of cigarettes and other tobacco products has traditionally been established as a leading cause of death through lung cancer and other pulmonary diseases. Despite this, many are addicted to this tar-and-nicotine fix so that for obvious health reasons, the government has increased...
Illicit cigarette trade in the country worsened amid the pandemic, allowing smugglers to amass huge profits and depriving the government of much needed tax revenues. At the recent Anti-Illicit Trade Conference “Plugging Revenue Leakage by Curbing Illicit Tobacco Trade,” authorities reported...
The Bureau of Internal Revenue (BIR) has increased the excise tax rates of vaporized and heated cigarettes as well as the novel tobacco products. (File photo) The new tax schedules are contained in Revenue Regulations No. 14-2022 which was signed by Department of Finance (DOF) Secretary Benjamin E....
Operatives of the Criminal Investigation and Detection Group (CIDG) seized some P32 million worth of fake cigarettes in a raid in a warehouse in Bulacan on Sunday night, October 3. CIDG Maj. Gen. Albert Ignatius Ferro said the operation also resulted in the arrest of four people, including 42-year...
The Philippine E-Cigarette Industry Association (PECIA) said the proposed floor price and production cost formula in the computation of excise tax on tobacco products, heated and vapor tobacco products are largely unrealistic and too high. In a statement, PECIA, which counts around 200 active...
The local unit of international cigarette giant Japan Tobacco International (JTI) is urging the government to address the growing illicit trading activities in the country amid the coronavirus crisis. In a statement, John Freda, JTI Philippines general manager, said over the weekend...
