HANOI: The Ministry of Health (MoH) has raised concerns over the sharp rise in sugary drink consumption in Vietnam, warning ...

Authorities seized 18,811 illicit vape products and counterfeit tax stamps with a total tax deficiency of PHP36.51 million.

Remittances from the US could soon carry an added cost for immigrants, including NRIs and visa holders. A proposed 3.5% ...

Higher pickup prices loom on the horizon after President Ferdinand Marcos Jr. signed Senate Bill No. 2865, known as the ...

While the President vetoed several provisions of CMEPA, the re-imposition of the excise tax on pickup trucks was not among ...

Expect pickup trucks to be more costly after the provision reimposing the excise tax on the vehicle type was approved, ...

What makes sense in principle may not always align with real-world results. This is certainly the case with the Philippine ...

In the Philippines, claiming tax refunds can be an arduous and bureaucratic process due to several factors such as complex documentation requirements, lengthy processing time and stringent ...

High excise taxes in the Philippines are pushing adult consumers to buy cheaper, illegal cigarettes and vapes, causing smoking rates to increase, industry ...

MANILA, Philippines — The higher consumption of “sin” products last year pushed the government’s excise tax collection to P303 billion, with the gap finally narrowing to single digit.

Furia explained that an excise tax is a duty imposed on manufactured goods that is ... (DTI), Department of Health (DOH), Environmental Management Bureau (EMB), and Philippine Information Agency (PIA) ...

We ask that they reject HB 11360 and reiterate their commitment to a smoke-free Philippines,” Sarmiento said. Under HB 11360, the new excise tax rates for all tobacco products shall be increased ...