Tobacco Tax Update

Downgrading of Marlboro Undervalues Sin Tax Law

Downgrading of Marlboro Undervalues Sin Tax Law MANILA, Philippines – Philip Morris Fortune Tobacco Corp. (PMFTC) is requesting for the Bureau of Internal Revenue (BIR)’s approval to downgrade Marlboro cigarettes from the high-price to the low-price category of the Sin Tax Law. PMFTC wants to take advantage of the lower taxes imposed on the low-price …

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New Lancet report highlights tobacco taxation as a powerful tool to curb non-communicable diseases

A new report released by the Lancet Commission on Investing in Health titled Global Health 2035: A World Converging within a Generation outlines a new pro-poor health investment plan to achieve dramatic health gains within a generation. The Commission, made up of global health and economic experts from around the world, found that there is an enormous benefit from …

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Global, local tobacco firms in brutal battle for market dominance

by BETING LAYGO DOLOR The growing popularity of electronic cigarettes, a universal lobby against tobacco use, even the legalization of marijuana in many parts of the United States and Europe; It’s enough to cause cigar and cigarette manufacturers to reconsider whether they should stay in the industry or move on to other lines of business. …

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OAG decides to indict 12 Philip Morris execs

Bangkok Post, 3 Oct The Office of the Attorney-General (OAG) has decided to indict 12 executives of Philip Morris (Thailand) for allegedly under-declaring the value of its products to evade taxes. Attorney-General Athapol Yaisawang on Wednesday said former office chief Julasingh Vasantasingh had agreed to indict 12 out of 14 suspects, including four foreigners. Mr …

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Cigarette prices go up today

KUALA LUMPUR: British American Tobacco Malaysia (BAT) is shocked over the 14 per cent increase of tobacco excise, describing it as “excessive”. “Such a move will exacerbate the already high levels of illegal cigarettes in Malaysia,” said managing director Stefano Clini. He said the announcement was “shocking and disappointing”, adding the industry would have welcomed …

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Workshop on the Regional Experience on Tobacco Tax

Last 5 July 2013, the “Workshop on the Regional Experience on Tobacco Tax” was held at Halong, Quang Ninh, Vietnam. In collaboration with the Southeast Asia Tobacco Control Alliance (SEATCA) and HealthBridge Foundation of Canada, through its Southeast Asia Initiative on Tobacco Tax (SEATCA/SITT), the Ministry of Finance organized a one-day workshop to share the …

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