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PRESS RELEASE Finance Secretary Ralph G. Recto has underscored the critical role of the Bureau of Customs (BOC) in funding President Ferdinand R. Marcos, Jr.’s socioeconomic agenda and driving the overall progress of the country. “The BOC is more than the landing point of trade

PRESS RELEASE REF: dofcomms@dof.gov.ph As tax season begins, Finance Secretary Ralph G. Recto has assured the taxpaying public of the judicious and efficient use of their hard-earned money, vowing to eradicate inefficiency or corruption within the Bureau of Internal Revenue

January 24, 2024 PRESS RELEASE Finance Secretary Ralph G. Recto has commanded the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) to work together as a team in further strengthening tax and customs administration to hit the government’s total revenue collection

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

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

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

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

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

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