MANILA BULLETIN: Liquor cigarette prices not controllable
- Officials of the BIR admitted yesterday that the agency cannot control the retail prices of cigarettes and liquor after it started collecting higher excise taxes on these products last week. They said the Bureau has no authority to regulate prices of these so called sin products or other commodities for that matter as its rule is confined solely in implementing tax laws passed by Congress . [Ramirez, Casayuran/p3, Bulletin]
http://www.mb.com.ph/articles/388684/liquor-cigarette-prices-not-controllable#.UOu3lW8smT4
- Officials of the BIR admitted yesterday that the agency cannot control the retail prices of cigarettes and liquor after it started collecting higher excise taxes on these products last week. They said the Bureau has no authority to regulate prices of these so called sin products or other commodities for that matter as its rule is confined solely in implementing tax laws passed by Congress . [Ramirez, Casayuran/p3, Bulletin]
http://www.mb.com.ph/articles/388684/liquor-cigarette-prices-not-controllable#.UOu3lW8smT4
No comments:
Post a Comment