BIR files tax raps worth P8.7 billion vs 3 vape brands | ABS-CBN
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BIR files tax raps worth P8.7 billion vs 3 vape brands
BIR files tax raps worth P8.7 billion vs 3 vape brands
MANILA - The Bureau of Internal Revenue (BIR) on Monday said it filed tax evasion charges worth P8.7 billion against 3 vape brands in the Philippines.
MANILA - The Bureau of Internal Revenue (BIR) on Monday said it filed tax evasion charges worth P8.7 billion against 3 vape brands in the Philippines.
In a statement, the BIR said it filed criminal charges against illegal vape businesses Flava, Denkat and Flare for evading P8.681 billion in taxes.
In a statement, the BIR said it filed criminal charges against illegal vape businesses Flava, Denkat and Flare for evading P8.681 billion in taxes.
The tax bureau said the businesses are being charged unlawful possession of vape products without payment of excise tax, tax evasion, and failure to file excise tax returns under the National Internal Revenue Code.
The tax bureau said the businesses are being charged unlawful possession of vape products without payment of excise tax, tax evasion, and failure to file excise tax returns under the National Internal Revenue Code.
BIR Commissioner Romeo Lumagui Jr. said more charges may be filed against illegal vape traders.
BIR Commissioner Romeo Lumagui Jr. said more charges may be filed against illegal vape traders.
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"Whether your business is large or small, as long you sell illicit vape, you will be imprisoned. Celebrities and influencers found to be in conspiracy with illicit vape traders will also be imprisoned," he said.
"Whether your business is large or small, as long you sell illicit vape, you will be imprisoned. Celebrities and influencers found to be in conspiracy with illicit vape traders will also be imprisoned," he said.
In 2024, the BIR said that it confiscated 560,000 units of vape products with a total of P415 million in tax liabilities.
In 2024, the BIR said that it confiscated 560,000 units of vape products with a total of P415 million in tax liabilities.
Meanwhile, the BIR commissioner has also noted that tax liabilities from confiscated cigarettes reached P9 billion last year.
Meanwhile, the BIR commissioner has also noted that tax liabilities from confiscated cigarettes reached P9 billion last year.
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