Tag: Philippine Tobacco Institute
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BIR to Annihilate PHP2.1 Billion in Illicit Cigarettes Across the Philippines
The Bureau of Internal Revenue (BIR) has announced plans to obliterate PHP2.1 billion worth of illegal cigarettes at 12 different locations from February 24 to 28, 2025. This massive operation will see the destruction of 14.3 million packs of illicit cigarettes, which carry a tax liability of PHP6.4 billion, along with the machines used to…
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Philippine Tobacco Institute Proposes Measures to Combat Illicit Tobacco Trade
The Philippine Tobacco Institute (PTI) has put forward a series of recommendations to tackle the growing problem of illicit tobacco trade, which is severely impacting tobacco farmers and government revenue. During a Senate Committee on Ways and Means hearing, PTI president Jericho Nograles highlighted that illicit tobacco products could represent 19% of the domestic market…
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