The Bureau of Internal Revenue (BIR) said its district offices would extend their work hours until midnight to accommodate ...

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

An expansive bill to restructure the embattled Cannabis Control Commission, regulate and tax hemp-based drinks and gummies that have proliferated in convenience stores, and open the door to ...

Excise taxes apply to a single good, service or activity for a special reason. Examples include fuel, coal and alcohol.

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 ...

An Australian security expert asked the Philippine government to learn from his country’s policy mistakes involving excessive taxation on tobacco and ...

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 ...