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                    [ArticleID] => 212186
                    [Title] => Philip Morris Phils urges uniform tax on cigarettes
                    [Summary] => Philip Morris Philippines Inc. (PMPI) , maker of high-end cigarette brands, is urging Congress to revise the excise tax on cigarettes from the current four-tier system to a single or uniform taxation. 


Chris Nelson, managing director of PMPI, said the revision will not only correct existing price gaps but will also provide a more level playing field among competitors in the industry. 


Under the current taxation scheme, price ranges between P1.25 per pack for low-end brands to about P13.44 per pack for high-end brands. 


                    [DatePublished] => 2003-07-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1704647
                    [AuthorName] => Rocel Felix
                    [SectionName] => Business
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                    [ArticleID] => 212186
                    [Title] => Philip Morris Phils urges uniform tax on cigarettes
                    [Summary] => Philip Morris Philippines Inc. (PMPI) , maker of high-end cigarette brands, is urging Congress to revise the excise tax on cigarettes from the current four-tier system to a single or uniform taxation. 


Chris Nelson, managing director of PMPI, said the revision will not only correct existing price gaps but will also provide a more level playing field among competitors in the industry. 


Under the current taxation scheme, price ranges between P1.25 per pack for low-end brands to about P13.44 per pack for high-end brands. 


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Philip Morris Phils urges uniform tax on cigarettes

By Rocel Felix | July 2, 2003 - 12:00am

Philip Morris Philippines Inc. (PMPI) , maker of high-end cigarette brands, is urging Congress to revise the excise tax on cigarettes from the current four-tier system to a single or uniform taxation. Chris Nelson,...

Business