Tag

// Bureau of Customs (BOC)
MAR
15
2023

A drop in the P380 B oil tax barrel: Katas ng langis gamitin sa oil spill – Recto

Press Release 15 March 2023 Government collects more than P380 billion a year from crude oil and petroleum products, a fraction of which can be used to finance the clean-up of the Mindoro oil spill and indemnify impacted coastal residents, House Deputy Speaker Ralph Recto sai
FEB
24
2023

Recto calls for expansion of Customs AirTag-like program to curb smuggling

Press Release 24 February 2023 If the Bureau of Customs can find onions in an air passenger’s bag, then there is no reason why it can’t detect smuggled sugar-carrying ships as big as malls, House Deputy Speaker Ralph Recto said. But if it is still having a hard time curbing
NOV
10
2020

2021 Budget: Daily revenue of P7.44 B dwarfed by P12.35 B daily expenses

Breaking down next year’s P4.506 trillion national budget on a daily basis reveals “the gravity and the gaps” which the pandemic has wrought upon government spending, Senate President Pro Tempore Ralph Recto said. “We are budgeting P4.506 trillion next year, of which only P2.717
JUL
30
2013

SBN-1187: Tax Incentives Transparency Act

An Act Establishing A System For Tax Incentives Transparency, And For Other Purposes Aims to improve the monitoring system for the tax incentives granted by the Investment Promotions Agencies (IPAs) and other government agencies so that the sectors benefiting from the reduced tax
JUL
10
2013

SBN-718: The Taxpayer Bill of Rights Act of 2013

An Act Ordaining a Bill of Rights for Taxpayers In addition to the rights and remedies provided under the Tax Code and Tariff and Customs Code and other pertinent laws, rules and regulations, the bill grants the following rights: a) taxpayers’ basic rights; b) taxpayers’ rights
JUL
04
2013

SBN-456: Anti-Smuggling Act of 2013

An Act Instituting Reforms In The Bureau Of Customs, Increasing Penalties For Smuggling And For Other Purposes, Thereby Amending Presidential Decree No. 1464, Otherwise Known As The Tariff And Customs Code Of The Philippines, As Amended (“Anti-Smuggling Act”) The bill increases
MAR
07
2013

RA 10378: International Common Carriers Tax Exemption

Republic of the Philippines Congress of the Philippines Metro Manila Fifteenth Congress Third Regular Session Begun and held in Metro Manila, on Monday, the twenty-third day of July, two thousand twelve. [REPUBLIC ACT NO. 10378] AN ACT RECOGNIZING THE PRINCIPLE OF RECIPROCITY AS