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Vape collections to prop up excise tax take

16 April 2025
in Business
Reading Time: 2 mins read
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Vape collections to prop up excise tax take
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Revenue Commissioner Romeo D. Lumagui said vape collections can help the bureau hit its excise tax goals this year. 

In 2025, the Bureau of Internal Revenue (BIR) has an P343.10 billion excise tax target, 12.76% higher than the recorded collection in 2024.  

“That’s what we are expecting because I was more counting on vape. Though cigarette consumption has really decreased, but the efforts continue, especially for vapes,” he told reporters on the sidelines of a briefing on Income Tax Return filing day. 

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