On Tuesday, the Philippine State Taxation Bureau (BIR) mentioned criminal allegations suspected of tax evasion and related allegations to traders suspected of smuggling electronic cigarette products.

The Director of the State Taxation Bureau Romeo Lumagui personally led a case against the five traders of the five traders of WEI FENG BAO, Christina Poa, Sandoval Severino Briones, Jimmy Go and Bibiano Lesaca, involving tax evaluation of up to 1.2 billion Philippine peso (about 150 million yuan). Essence

These five were accused of violating the Republican Law 111346 or the "Increase Tobacco Product Consumption Tax Act", "Consumption Tax Tax Act for heating tobacco products and steam products", "Increase Punishment Act of Violation of Consumption Tax", and "Domestic Taxation 1997 Domestic Taxation in China code".

It is reported that the authorities have seized 50,000 to 100,000 electronic cigarettes, 899 boxes of unprecedented taxable boxes consisting of 17,5050 smoke bombs, and 6,1400 bottle -mounted seasoning oil, worth about 15 million to 30 million Philippine Peso.

The Director of the IRS warned that the government will severely crack down on traders who have not paid the correct tax. The IRS previously estimated that due to the smuggling of electronic cigarettes, the Philippine government loses approximately 1.4 billion Philippine peso revenue each year.

"I hope this is another warning for those who think they can continue to tax out." Lumagui said, "Electronic cigarettes are popular and widely used as a kind of smoking substitute. Sales them. I advise that they should follow the legitimate channels to ensure that they fully meet the regulatory requirements. Otherwise, we will confiscate their illegal products and put forward corresponding criminal allegations to them. "