Tuesday, June 3, 2025
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Illicit cigarette trade

Losses to illicit cigarette trade seen at 20% of government revenues

The Bureau of Internal Revenue (BIR) has estimated revenue loss from illicit cigarette trade at PHP 40 billion to PHP 45 billion, or 20...

Excessive taxation of tobacco products drives illicit trade –expert

While imposing taxes can, in principle, reduce public health risks, curb tobacco use, and generate revenue, overdoing it can backfire and create dire, unintended...
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