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Showing posts with label cigarette maker. Show all posts
Showing posts with label cigarette maker. Show all posts
May 3, 2012
Japaness Tobacco Companies Tax
British American Tobacco, the world’s second-largest cigarette maker, has asked the government to remove the preferential treatment the products of PMFTC Inc. and other old cigarette brands to level the playing field in the Philippines.
James Lafferty, general manager of British American Tobacco Philippines, said the company was open to any increase in the excise tax rates and a change in the structure of the so-called sin taxes if it would allow new entrants like BAT to do business in the country.
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