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

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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.

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