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Thursday, November 14, 2024

Illicit cigarettes

Bureau of Internal Revenue (BIR) Commissioner Romeo Lumagui Jr. reports another successful large-scale raid against illicit cigarettes on Nov. 6, 2024. The BIR conducted a simultaneous raid of an illicit cigarette factory in Bulacan and three illicit cigarette warehouses in Valenzuela City. The four establishments are suspected to be part of one criminal enterprise. The BIR estimates a total tax liability of P8.5 billion.

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