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The government’s excise tax collections on so-called sin products  fell by P2.25 billion last month due to the practice of tobacco companies called “front-loading”.

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FRONTLOADING

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The government’s excise tax collections on so-called sin products  fell by P2.25 billion last month due to the practice of tobacco companies called “front-loading”.

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Excise tax collection falls in March

By Zinnia B. Dela Peña | April 22, 2013 - 12:00am

The government’s excise tax collections on so-called sin products  fell by P2.25 billion last month due to the practice of tobacco companies called “front-loading”.

Business