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P100-M in smuggled laptops seized

Manila, Philippines – The Bureau of Customs (BoC) intercepted smuggled laptop computers from China valued at P100 million at the Port of Manila (PoM) yesterday. Bureau of Customs (BoC) Commissioner Ruffy Biazon said the 3,915 high-end Asus laptops misdeclared by the consignee Orza Marketing as computer parts were discovered in two container vans and warrants […]

MANILA, Philippines (Tempo) – Tax fraud and other officials of the Bureau of Internal Revenue (BIR) disclosed yesterday that the government is losing up to P40 billion annually from various tax evasion schemes employed by unscrupulous taxpayers. BIR Commissioner Kim S. Jacinto-Henares, however, said she could not give a rough estimate of the amount of […]

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