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                    [Title] => Excise tax collection up as of end-November
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Strong consumption pushed excise tax collections from petroleum products to a six-year high as of November last year despite a double-digit drop in global oil prices.

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                    [Title] => Wants better revenue monitoring: BIR sets eyes on imported luxury goods
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The Court of Tax Appeals (CTA) has affirmed a 2009 ruling of the Bureau of Internal Revenue that imposed excise tax on two types of raw products used to produce gasoline in compliance with the Clean Air Act.

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                    [Title] => Shell loses P3-B tax case
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The Court of Tax Appeals has ordered Pilipinas Shell Petroleum Corp. (PSPC) to pay more than P3.5 billion in excise tax for the importation of raw gasoline materials for the years 2006 to 2009.

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                    [Title] => Excise tax collections up 16% in 9 months
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Government’s excise tax collections went up 16 percent in the first nine months from a year ago level, data from the Bureau of Internal Revenue showed.

                    [DatePublished] => 2015-10-27 10:00:00
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                    [Title] => Warning: Cigarette packs without tax stamps are illegal
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The Bureau of Internal Revenue (BIR) has deputized the National Bureau of Investigation to go around the country to search for and confiscate cigarette packs in the market without tax stamps.

                    [DatePublished] => 2015-08-20 10:00:00
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                    [Title] => PMFTC may halt exports to markets not requiring stamp tax
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Leading cigarette maker Phillip Morris Fortune Tobacco Corp. (PMFTC) will likely put a halt to exports of its products to countries where excise stamps are not required.

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                    [Title] => Excise tax collection seen to reach P70B this year
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Philip Morris Fortune Tobacco Corp. (PMFTC), which holds more than two-thirds of the Philippine tobacco market, expects excise tax payments to reach P70 billion this year or 97 percent of the government’s total projected collections from cigarette firms for 2014.

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                    [Title] => Cigarette consumption rises 3% in H1
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The volume of cigarettes being withdrawn from manufacturing plants rose three percent in the first half, indicating the continued demand for this product.   

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                    [Title] => Sin tax collection up 30% in H1
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Collection of excise taxes on cigarettes and alcoholic beverages grew by almost a third in the first half, largely driven by extra revenue generated by the sin tax reform law which took effect in January last year.

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EXCISE

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                    [Title] => CTA affirms excise tax on raw gasoline
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The Court of Tax Appeals (CTA) has affirmed a 2009 ruling of the Bureau of Internal Revenue that imposed excise tax on two types of raw products used to produce gasoline in compliance with the Clean Air Act.

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The Court of Tax Appeals has ordered Pilipinas Shell Petroleum Corp. (PSPC) to pay more than P3.5 billion in excise tax for the importation of raw gasoline materials for the years 2006 to 2009.

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                    [Title] => Excise tax collections up 16% in 9 months
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                    [Title] => Cigarette consumption rises 3% in H1
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                    [Title] => Sin tax collection up 30% in H1
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Collection of excise taxes on cigarettes and alcoholic beverages grew by almost a third in the first half, largely driven by extra revenue generated by the sin tax reform law which took effect in January last year.

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abtest

Excise tax collection up as of end-November

By Prinz Magtulis | January 16, 2016 - 9:00am

Strong consumption pushed excise tax collections from petroleum products to a six-year high as of November last year despite...

Business

Wants better revenue monitoring: BIR sets eyes on imported luxury goods

January 8, 2016 - 9:00am

The Bureau of Internal Revenue (BIR) wants to better track down revenues coming from imported luxury goods.

Business

CTA affirms excise tax on raw gasoline

By Janvic Mateo | October 31, 2015 - 10:00am

The Court of Tax Appeals (CTA) has affirmed a 2009 ruling of the Bureau of Internal Revenue that imposed excise tax on two types of raw products used to produce gasoline in compliance with the Clean Air Act.

Headlines

Shell loses P3-B tax case

By Janvic Mateo | October 29, 2015 - 10:00am

The Court of Tax Appeals has ordered Pilipinas Shell Petroleum Corp. (PSPC) to pay more than P3.5 billion in excise tax for...

Headlines

Excise tax collections up 16% in 9 months

By Kathleen A. Martin | October 27, 2015 - 10:00am

Government’s excise tax collections went up 16 percent in the first nine months from a year ago level, data from the Bureau of Internal Revenue showed.

Business

Warning: Cigarette packs without tax stamps are illegal

By Evelyn Macairan | August 20, 2015 - 10:00am

The Bureau of Internal Revenue (BIR) has deputized the National Bureau of Investigation to go around the country to search for and confiscate cigarette packs in the market without tax stamps.

Headlines

PMFTC may halt exports to markets not requiring stamp tax

By Zinnia B. Dela Peña | October 27, 2014 - 12:00am

Leading cigarette maker Phillip Morris Fortune Tobacco Corp. (PMFTC) will likely put a halt to exports of its products to countries where excise stamps are not required.

Business

Excise tax collection seen to reach P70B this year

By Zinnia B. Dela Peña | September 5, 2014 - 12:00am

Philip Morris Fortune Tobacco Corp. (PMFTC), which holds more than two-thirds of the Philippine tobacco market, expects excise...

Business

Cigarette consumption rises 3% in H1

By Zinnia B. Dela Peña | August 26, 2014 - 12:00am

The volume of cigarettes being withdrawn from manufacturing plants rose three percent in the first half, indicating the continued...

Business

Sin tax collection up 30% in H1

By Zinnia B. Dela Peña | August 22, 2014 - 12:00am

Collection of excise taxes on cigarettes and alcoholic beverages grew by almost a third in the first half, largely driven...

Business