Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Philippine retailers urge lowering import tax exemption to protect local businesses and boost revenue.

flag The Philippine Retailers Association (PRA) is calling for changes to the de minimis rule, which exempts goods valued at P10,000 or less from import taxes. flag The PRA suggests lowering this threshold, limiting tax-free imports to once a month per consumer, and taxing goods intended for commercial resale. flag These changes aim to reduce the influx of low-quality goods, protect local businesses, and increase government revenue.

3 Articles

Further Reading