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 ...

SEVERAL jurisdictions since 2024 have either enacted the Pillar Two rules, which set a global minimum corporate tax rate (GMCTR) of 15 percent, or announced legislation for it. This points to a shift ...

There is an interesting study conducted in the United States, which shows how excessive tax rates on cigarettes induce substantial black and gray market movement of tobacco products into high-tax ...

THE Philippines has now gained a competitive edge in attracting more investments with the signing of Republic Act 12066 or the Corporate Recovery and Tax Incentives for Enterprise ...

Congress, by a 190-4 vote, approved House Bill 11360 that aims to arrest declining excise tax collections and to combat the proliferation of illegal cigarettes and vape products by rationalizing the ...

Carmakers have warned that CMEPA will indeed make pickup trucks more expensive as they’d be forced to pass on the additional ...

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 ...

TOBACCO farmers are rallying behind a House measure aimed at curbing the rampant illicit trade of cigarettes and vapor products, which they say is crippling their livelihoods owing to the unchecked ...

These black-market products are reshaping the Philippine tobacco landscape” IF YOU visit a public market or browse a few online listings, you will find ...

MANILA, Philippines -The illicit cigarette trade in the Philippines has hit a record high with one in every five cigarettes ...