MANILA, Philippines – The Bureau of Internal Revenue (BIR), Bureau of Customs (BOC), and the Department of Trade and Industry (DTI) confirmed the need for a unified vape tax rate to address major gaps in technical evaluation, enforcement, and potential revenue loss. The current two-tiered tax structure, which distinguishes between salt nicotine and freebase nicotine, has reportedly led to widespread misdeclaration. Other agencies present, including the Department of Health (DOH), the Food and Drug Administration (FDA), and the Philippine Heart Center, represented by Dr. Maricar Limpin, agreed with the sponsors’ proposals for a unitary vape tax rate. During a hearing […]... Keep on reading: Government agencies back push for simplified tax rate on vapes