DTI shuts down vape company
THE Department of Trade and Industry (DTI) has ordered a vape company to shut down amid allegations of illegal marketing and tax evasion.
Balita.org: Your Premier Source for Comprehensive Philippines News and Insights! We bring you the latest news, stories, and updates on a wide range of topics, including politics, culture, economy, and more. Stay tuned to know everything you wish about your favorite stars 24/7.
THE Department of Trade and Industry (DTI) has ordered a vape company to shut down amid allegations of illegal marketing and tax evasion.
A new landmark law took effect without the usual signing ceremony at Malacañang Palace. President Ferdinand “Bongbong” Marcos Jr. (PBBM) signed on Friday Republic Act (RA) 11976, also known as “Ease of Paying Taxes Act.” As announced by Malacañang, this new law is expected to further improve the government’s tax collection efforts as well as “protect the taxpayers’ rights through digitalization.”
The unprecedented growth of the digital economy, fueled by pandemic-induced lockdowns in recent years, has significantly broadened market access, providing more people with the opportunity to access a wide range of goods.
MANILA, Philippines — The Bureau of Internal Revenue (BIR), led by Commissioner Romeo Lumagui Jr., confiscated 717 cases of illicit cigarettes, totaling 358,500 packs and estimating P252 million in tax liabilities during a joint operation with the Naval Forces of the Eastern Mindanao Command last week in Davao City.
THE Bureau of Internal Revenue (BIR) on Monday said it seized more than 390,000 bottles of perfume and toilet water products estimated at P604.3 million during recent raids conducted on 400 establishments.
THE Bureau of Internal Revenue (BIR) said Tuesday that the period for availing the estate tax amnesty has been extended until June 14, 2025 after the passage into law of Republic Act No. 11956.
Senator Win Gatchalian flagged unfilled positions and low salaries in the country's tax-collecting agencies.