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Articles

House leader wants tax exemption of balikbayan boxes raised to $2,000 from $500
by: Philippines News Agency
September 29, 2015 (updated)

(MB File photo) Liza Macaranas parcel section chief arranges parcel boxes from sent by Overseas Filipino Workers at Philippine Postal Office in Manila on Wednesday August 26. President Benigno Aquino ordered cancellation of Balikbayan boxes inspection by Bureau of Custom due to public uproar. Some OFWs organization declared zero remittance day (Photo by Ali Vicoy)

A House leader is seeking to raise the tax and customs duties exemption of balikbayan boxes from USD500 to USD2,000, and the personal effects of overseas Filipino workers (OFWs) and other returning Filipino migrants or residents abroad whose value does not exceed PHP100,000. Read more...

 
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