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‘Sin’ tax take exceeds target

INQUIRER/AFP FILE PHOTOS

Collections of so-called ‘sin’ taxes from alcohol and cigarette products exceeded the Bureau of Internal Revenue’s September target by 45.5 percent.

Posted: October 23rd, 2014 in Editor's Pick,Headlines | Read More »

Robbing the wrong way

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Was it possible that some boys in the Palace wanted to ruin the media image of our leader Benigno Simeon, a.k.a. BS, by feeding him the wrong information on the alleged DAP-style juggling of funds by the Supreme Court?

Posted: July 28th, 2014 in Columnists,Inquirer Columns | Read More »

LTG worried by ‘sin tax’ leakages

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LT Group Inc. sees “illicit” cigarette trade remaining a key challenge for the conglomerate this year as it pleaded for additional safeguards from the government to level the playing field for tobacco manufacturers and to plug alleged excise tax leakages.

Posted: June 10th, 2014 in Headlines | Read More »

Sin tax law ups prices of tobacco, booze anew

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AFP FILE PHOTO

Prices of tobacco and alcohol products went up on January 1 as the second increase of prices took effect in accordance with the Sin Tax Law.

Posted: January 1st, 2014 in Latest Business Stories | Read More »

Philip Morris plan to make cheap cigs draws opposition

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Tobacco giant Philip Morris Fortune Tobacco Corp. has sought permission to manufacture four variants of its Marlboro products as low-priced cigarettes. AP

A health group has lashed out at tobacco giant Philip Morris Fortune Tobacco Corp. (PMFTC) over its plan to manufacture cheaper cigarettes to compete with a local brand, saying this would defeat the purpose of the “sin tax” law.

Posted: December 17th, 2013 in Latest Business Stories | Read More »

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