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ABS-CBN News on MSNHouse OKs bill introducing tracking system for tobacco productsUnder the measure, cigars, cigarettes, vapes and tobacco products must be affixed with a stamp that has "physical or digital features" subject to excise tax in the prescribed manner and form.
The Bureau of Internal Revenue (BIR) collected as much as P176.48 billion in tobacco excise taxes in 2021 before it continuously dropped to P160.4 billion in 2022 and P134.91 billion by 2023.
THE Bureau of Internal Revenue (BIR) vowed to continue its crackdown on all proliferators of illicit cigarettes and vape products in the country this year as it aims to plug tax leakages from the ...
On the sidelines of the International Tobacco Agricultural Summit, Lumagui said that if a moratorium is imposed, the government must recalibrate its revenue projections for tobacco excise tax ...
Should HB 11360 become a law, it would also result in P27 billion worth of lost excise tax collection, which would mean smaller funding for universal health care (UHC) coverage, particularly those ...
WOBURN — A Hopkinton man has pleaded guilty in Middlesex Superior Court to failing to pay hundreds of thousands of dollars in excise taxes related to his Marlborough vape store. Ashram Youssef ...
Lucknow: In a significant development, the Uttar Pradesh Cabinet on Thursday approved excise policy for the financial year 2025-26. As part of the new policy, all liquor shops in the state will ...
Motorists have called out new Vehicle Excise Duty (VED) car tax changes which will affect petrol, diesel and electric car owners across the UK including older drivers. VED rates rise every ...
Electric car owners are set to pay Vehicle Excise Duty (VED) for the first time within weeks after major updates to tax rates. As well as hefty price rises for petrol and diesel owners ...
But a crushing excise tax and aggressive price markups by the provincially owned Cannabis N.B. stores squeezed Crystal Cure to the breaking point, Wilson said. He shut down last August.
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