Gov’t losing billions in tax revenues from illicit tobacco trade, says BIR chief
MANILA, Philippines–The government is losing P50 billion to P100 billion in tax revenues from the illicit tobacco trade in the country, Bureau of Internal Revenue (BIR) Commissioner Romeo D. Lumagui Jr. said Thursday. Lumagui made the statement after filing P1.8-billion worth of tax evasion complaints before the Department of Justice (DOJ) against illegal tobacco traders […]
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