PTI Seeks Tax Freeze to Combat Illicit Trade

The Philippine Tobacco Institute (PTI) has proposed several measures to tackle the growing issue of illicit tobacco trade, notably suggesting a halt on increasing tobacco excise taxes. This initiative aims to stabilize the market and enhance regulatory efforts against illegal activities. By addressing taxation and enforcement strategies, PTI seeks to promote a fairer tobacco industry and protect legitimate businesses. To learn more about their proposals and the implications for public health and the economy, further exploration is encouraged. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: Tobacco Asia magazine Tobacco Industry magazine reporting on cigarettes, e-cigarettes, cigars, RYO, bidis, kretek, cigarillos, chewing tobacco, tobacco equipment, tobacco machinery, tobacco packaging