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 will have to revise its revenue collection targets if Congress approves the proposed two-year moratorium on the annual hikes in tobacco excise tax, BIR Commissioner ...

Commissioner Romeo Lumagui Jr. expressed openness to a proposed moratorium on the annual increase in excise taxes on tobacco ...

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

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 ...

THE House of Representatives approved on second reading two measures aimed at lowering the scheduled annual tax increases on cigarette products while strengthening excise tax administration to curb ...

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, ...

The Bureau of Internal Revenue shall implement the provisions of the Attrition Act based on its downgraded goal of P2.848 ...

Last Jan. 16, 2025, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) 5-2025, amending certain ...

Revenues from the country's tobacco likely reached USD7.3 billion last year, Bureau of Internal Revenue (BIR) Commissioner ...

The House of Representatives on Wednesday approved the bill lowering the excise tax for cigarettes, tobacco, heated tobacco, ...

VALUE Added Tax (VAT) registrants owed more than $250,000 can now apply for the payment of outstanding VAT refunds through VAT bonds, the Ministry of Finance announced.