BIR: IMPOSE HIGHER TAXES ON VAPE PRODUCTS

The government should consider imposing higher taxes on vape products than traditional cigarettes, according to Bureau of Internal Revenue (BIR) Assistant Commissioner Jethro Sabariaga, who said that while they should be taxed at the same rate, the increasing use of vaping products by the public, especially the youth, should be taken into account. He said that a vape product is not the same as consuming a pack of cigarettes. On average, a cigare…

BIR: IMPOSE HIGHER TAXES ON VAPE PRODUCTS

The Bureau of Internal Revenue (BIR) has called for higher taxes on vapor products, warning that taxing them less than cigarettes would lead to significant revenue losses for the government. “We wish to maintain that cigarette products and heated tobacco products should be taxed at the same rate, your honor,” said BIR Large Taxpayers Service Assistant Commissioner Atty. Jethro Sabariaga during the fourth Senate hearing on House Bill 11360. “But …