Filipino legislators pushed back against “false narratives” on a proposed measure aimed at curbing illicit trade and shoring up government revenue collection. “We are looking forward to the upcoming discussions […]Read More
Tags : tobacco excise tax
Smoking rate climbed in the Philippines between 2021 and 2023 amid the rampant illicit trade of cigarettes, according to industry data. Senator Win Gatchalian said in a Senate Committee on […]Read More
An American economist said the Philippines should align its tobacco tax closer to the revenue-maximizing rate, as further increases could exacerbate revenue losses. “Of course, the government should take steps […]Read More