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13 paź 2023 · Government losses from the illicit cigarette trade will likely jump to P43 billion over the next four years if enforcement will remain weak, with the entry of the contraband commodity...
1 cze 2021 · In 2012, the Philippines, a lower middle-income country and one of the largest tobacco consumers in the Western Pacific Region (Republic of the Philippin, 2010), passed the Sin Tax Reform Law (Republic Act 10,351) despite substantial opposition from the tobacco industry and its allies.
20 wrz 2021 · September 20, 2021. 2 minute read. DESPITE suffering a decline in its volume of removals, cigarette manufacturer Philip Morris Fortune Tobacco Co. Inc. (PMFTC) still paid the highest-cumulative tobacco excise tax to the Bureau of Internal Revenue (BIR) from January to July this year.
20 wrz 2021 · MANILA, Philippines — The government recorded higher excise tax collection from cigarettes in the first seven months of the year, with two Big Tobacco firms paying hefty levies that the state...
17 gru 2021 · Instead of amending RA 9211 to raise to 21 years the minimum age of access for cigarettes, as proposed by veteran tobacco control champion Sen. Pia Cayetano and recommended by the medical community (to prevent nicotine addiction and harm to the developing adolescent brain) or banning cigarette flavours, vaping proponents have chosen to lower ...
15 gru 2023 · By increasing tax rates and shifting to a simple unitary tax structure, tobacco tax reforms achieved their primary health objective to increase tobacco prices to lower smoking and...
Amid the prospect of further increases in tobacco tax, this Economic Impact Report evaluates the relationship between tax levies and health care funding – exploring concerns that further hikes could affect affordability for consumers and boost illicit trade – and signposts opportunities for the industry to offer consistent collections ...
