Monday, December 8, 2025
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Tag: excise tax

Stronger enforcement, not tax cuts, key to combating illicit tobacco trade—Hontiveros

Senator Risa Hontiveros on Tuesday urged government agencies to strengthen the enforcement of existing regulations against the illicit tobacco trade, warning that the smuggling...

Recto, Gatchalian alarmed over unrestrained smuggling

Finance Secretary Ralph G. Recto and Senate Finance Committee Chairman Sherwin Gatchalian sounded the alarm over the growing threat of illicit trade in the...

BIR charges Discayas over P7.1b in tax liability

The Bureau of Internal Revenue (BIR) said Wednesday it filed multiple criminal cases against couple Pacifico Discaya II and Cezarah Rowena Cruz Discaya and...

Higher alcohol taxes pushed to curb harmful drinking

A lawmaker has filed House Bill 3887 to raise excise taxes on alcoholic beverages to curb excessive drinking and generate additional revenue for the...

Illicit cigarette trade rampant in Luzon as nearly 700,000 sticks seized in raids

Law enforcement agencies seized close to 700,000 sticks of illicit cigarettes in Luzon during a two-month campaign, with the brand Carnival emerging as the...

Illicit cigarettes, vapes thrive amid high excise tax rates

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

Drilon voices alarm over rise in cigarette smuggling

Former Senate President Franklin Drilon, the author of the Sin Tax Reform Law (Republic Act 10351), expressed concern over the increasing incidence of cigarette...

House approves bill on second reading to stabilize tax revenues, curb illicit cigarette trade

The House of Representatives approved on second reading a bill aimed at rationalizing excise tax rates on tobacco and vapor products to halt declining...

BIR wants to address misdeclaration of vape products

The Bureau of Internal Revenue (BIR) aims to address the misdeclaration of vape products amid the two-tier excise tax on e-cigarettes and is studying...

Planned excise tax on junk foods is ‘dead’ — Salceda

The House of Representatives has junked a government proposal to impose excise tax on salty and junk foods. Albay Rep. Jose Salceda said in a...

Diokno: Fuel VAT, excise tax suspension to hurt economy

Finance Secretary Benjamin Diokno on Tuesday described proposals to suspend the value-added tax and the excise tax on petroleum products as short sighted and...

Shell welcomes CTA decision on alkylate tax

Shell Pilipinas Corp. on Wednesday welcomed the decision of the Court of Tax Appeals Special Second Division which ruled that alkylate is not subject...

Finance chief welcomes tax imposed on single-use plastics

Department of Finance (DOF) Secretary Benjamin Diokno on Monday welcomed the recent approval of a bill in Congress that imposes an excise tax on...

Transport groups press for excise tax suspension

Various transport groups on Sunday pressed for the suspension of excise tax on petroleum products in anticipation of a huge hike in fuel prices...
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