^
+ Follow EXCISE Tag
EXCISE
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1543342
                    [Title] => Excise tax collection up as of end-November
                    [Summary] => 

Strong consumption pushed excise tax collections from petroleum products to a six-year high as of November last year despite a double-digit drop in global oil prices.

[DatePublished] => 2016-01-16 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097494 [AuthorName] => Prinz Magtulis [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20160117/Kim-Henares-3.jpg ) [1] => Array ( [ArticleID] => 1540637 [Title] => Wants better revenue monitoring: BIR sets eyes on imported luxury goods [Summary] =>

The Bureau of Internal Revenue (BIR) wants to better track down revenues coming from imported luxury goods.

[DatePublished] => 2016-01-08 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20160109/BIR-tax-budget-2.jpg ) [2] => Array ( [ArticleID] => 1517094 [Title] => CTA affirms excise tax on raw gasoline [Summary] =>

The Court of Tax Appeals (CTA) has affirmed a 2009 ruling of the Bureau of Internal Revenue that imposed excise tax on two types of raw products used to produce gasoline in compliance with the Clean Air Act.

[DatePublished] => 2015-10-31 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804764 [AuthorName] => Janvic Mateo [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [3] => Array ( [ArticleID] => 1516344 [Title] => Shell loses P3-B tax case [Summary] =>

The Court of Tax Appeals has ordered Pilipinas Shell Petroleum Corp. (PSPC) to pay more than P3.5 billion in excise tax for the importation of raw gasoline materials for the years 2006 to 2009.

[DatePublished] => 2015-10-29 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804764 [AuthorName] => Janvic Mateo [SectionName] => Headlines [SectionUrl] => headlines [URL] => http://media.philstar.com/images/the-philippine-star/headlines/20151030/Shell-5.jpg ) [4] => Array ( [ArticleID] => 1515508 [Title] => Excise tax collections up 16% in 9 months [Summary] =>

Government’s excise tax collections went up 16 percent in the first nine months from a year ago level, data from the Bureau of Internal Revenue showed.

[DatePublished] => 2015-10-27 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1438879 [AuthorName] => Kathleen A. Martin [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 1490396 [Title] => Warning: Cigarette packs without tax stamps are illegal [Summary] =>

The Bureau of Internal Revenue (BIR) has deputized the National Bureau of Investigation to go around the country to search for and confiscate cigarette packs in the market without tax stamps.

[DatePublished] => 2015-08-20 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1096905 [AuthorName] => Evelyn Macairan [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [6] => Array ( [ArticleID] => 1384764 [Title] => PMFTC may halt exports to markets not requiring stamp tax [Summary] =>

Leading cigarette maker Phillip Morris Fortune Tobacco Corp. (PMFTC) will likely put a halt to exports of its products to countries where excise stamps are not required.

[DatePublished] => 2014-10-27 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 1365415 [Title] => Excise tax collection seen to reach P70B this year [Summary] =>

Philip Morris Fortune Tobacco Corp. (PMFTC), which holds more than two-thirds of the Philippine tobacco market, expects excise tax payments to reach P70 billion this year or 97 percent of the government’s total projected collections from cigarette firms for 2014.

[DatePublished] => 2014-09-05 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/banat/balita/20140625/Smoking-Cigarette-1.jpg ) [8] => Array ( [ArticleID] => 1361688 [Title] => Cigarette consumption rises 3% in H1 [Summary] =>

The volume of cigarettes being withdrawn from manufacturing plants rose three percent in the first half, indicating the continued demand for this product.   

[DatePublished] => 2014-08-26 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140826/CIGARETTE-BUS4.jpg ) [9] => Array ( [ArticleID] => 1360201 [Title] => Sin tax collection up 30% in H1 [Summary] =>

Collection of excise taxes on cigarettes and alcoholic beverages grew by almost a third in the first half, largely driven by extra revenue generated by the sin tax reform law which took effect in January last year.

[DatePublished] => 2014-08-22 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20140822/SIN-tax-collection-4.jpg ) ) )
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