The Philippines House of Representatives approved on second reading a proposed bill that aims to rationalize excise tax rates on tobacco and vapor products and raise an additional P66 billion […]Read More
Tags : Illicit cigarette trade
A group of congressmen in the Philippines filed a bill to temporarily suspend annual excise tax increases on tobacco products in light of the rising prevalence of illicit cigarette trade […]Read More
The Philippine government may lose at least P60 billion in revenues this year amid the rampant illicit cigarette trade in the country, according to a congressional leader. Rep. Joey Salceda, […]Read More