tobacco excise tax philippines Taxing tobacco: 'Gov't still earns if poor, youth buy less' Business360 | Tobacco excise tax

Business360 Tobacco excise tax collections in the Philippines are declining despite steady smoking rates, raising concerns over lost revenues and the rise of illicit trade. Senate approves bill on higher cigarette taxes AMERICAN economist Arthur Laffer said the Philippines' successive increases in tobacco excise taxes may have reached a point where higher tax rates are reducing government revenues while encouraging the growth of the Use of billions in tobacco excise tax unchecked VERA Files #Business360 Tobacco excise tax collections in the Philippines are declining despite steady smoking rates, raising concerns over lost revenues and the rise of illicit trade. Bilyonaryo News

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