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BAT appeals DOF to implement decision on Pall Mall excise tax.
Philippines News Agency
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February 5, 2008
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COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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MANILA, Feb. 4 (PNA) - The British American Tobacco (BAT) has requested the Department of Finance (DOF) to implement its ruling taxing the Pall Mall cigarette a P6.74 per pack rate rather than P26.06.
BAT Philippines General Manager Jeremy Flint, in a letter address to Finance Secretary Margarito Teves, said the recent position paper of the Bureau of Internal Revenue (BIR) dated December 20, 2007 is based on erroneous interpretation of Sections 6 and 8 of Revenue Regulation 3-2006 or the implementing guidelines of Republic Act 9334 otherwise known as the Excise Tax ...
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