Vape industry urged to improve tax compliance after lobbying for permissive regulation - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 68%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

THE vape industry must improve its tax compliance after having seeking a “loose” regulatory regime, a legislator said, claiming a shift in public opinion that now favors stricter handling of the industry.

November 21, 2022 | 8:23 pmter having seeking a “loose” regulatory regime, a legislator said, claiming a shift in public opinion that now favors stricter handling of the industry.

The Bureau of Internal Revenue reported during a House ways and means committee meeting that it collected P7 million in excise taxes from electronic cigarettes, against P242 million from heated tobacco products.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in CA

Canada Canada Latest News, Canada Canada Headlines