The Bureau of Internal Revenue (BIR) targets to collect higher excise taxes of up to P338 billion this year as the government ...

Excise taxes are a key source of funds for infrastructure, health care and other public services. Revenues from the country’s tobacco industry likely reached $7.3 billion last year.

The BIR also filed a P8.5-billion tax evasion case against manufacturers and warehouse operators in Bulacan and Valenzuela on Feb. 17. Overall excise tax collections totaled P303.06 billion last year, ...

BUTUAN CITY – Following the disposition on Monday of smuggled cigarettes by the Bureau of Internal Revenue (BIR) Revenue, sari-sari store owners and vendors appealed to business enterprises to comply ...