The Bureau of Internal Revenue will have to revise its revenue collection targets if Congress approves the proposed two-year ...

THE Bureau of Internal Revenue (BIR) is receptive to the moratorium on tobacco tax rates, coupled with stricter enforcement, as it combats a surge in illicit cigarette trade and a drop in excise tax ...

The Bureau of Internal Revenue (BIR) on Wednesday said it is expecting that its tax collection target for 2024 set by the Marcos administration’s economic managers will be exceeded for the first time ...

THE House of Representatives approved on second reading a measure that will introduce a track-and-trace system for tobacco products, a proposal seen deterring smuggled cigarettes. In a voice vote, ...

A MEASURE setting an alternating tax scheme on tobacco products up to 2035 to curb smuggling and illicit tobacco trade has been approved on second reading in the House of Representatives. In a voice ...