Bureau of Internal Revenue Commissioner Romeo Lumagui Jr. said Tuesday internal revenue stamps will be mandatory for all imported and locally-manufactured vape products by June 1, 2024.
The fourth-generation internal revenue stamps for such products, as stated in Revenue Memorandum Circular No. 59-2024, will be available for ordering by May 8, 2024.
Lumagui said the BIR would impose this requirement as a way of checking the proper payment of taxes by...
COLOMBO, Sri Lanka—Strategically placed Sri Lanka’s economic recovery was essential for stability in the Indo-Pacific region, Japan’s foreign minister said Saturday, urging Colombo to...
The City of Manila celebrated the appointment of prominent businessman and philanthropist Francis Chua to the Board of Regents at the Unibersidad de Manila...
Responding to Filipino consumers’ desire for sugar-conscious options, Jack Daniel’s and Coca-Cola launched the Jack Daniel’s and Coca-Cola Zero Sugar ARTD (alcoholic ready-to-drink) this...
A group of retailers asked the government to abolish the “de minimis” rule for imported goods valued at P10,000 and below.
The Philippine Retailers Association...
