The Bureau of Internal Revenue (BIR) announced that it will begin confiscating vape products lacking tax stamps starting in June and will enforce legal consequences on individuals caught with these items. In a statement, BIR Commissioner Romeo D. Lumagui Jr. said that vape manufacturers and...
The Bureau of Internal Revenue (BIR) has announced a new requirement for tax stamps to be affixed on all vape products sold in the country. Effective June 1, 2024, the BIR's Revenue Memorandum Circular 59-2024 mandated the use of 4th Generation Internal Revenue Stamps on vapor products. The...
E-Cigarettes The Bureau of Internal Revenue (BIR) will start affixing tax stamps on e-cigarettes and heated tobacco products (HTP) to ensure tax compliance among manufacturers of these alternatives to traditional smoking. Based on BIR Revenue Regulations No. 28 dated Sept. 10, 2021, the the...
The Department of Finance (DOF) said the Bureau of Internal Revenue (BIR) is set to file charges against individuals behind the alleged counterfeit cigarette tax stamps seized recently in Bacolod City. In a statement released by the DOF on Wednesday, June 9, the department quoted BIR Deputy...