Philippines slaps new taxes on car imports to help local players
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Bureau of Customs PH - De Minimis (Latin for 'of minimum') value is the value of goods for which no duty or tax is collected. Under Republic Act No. 10863 or the
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Bureau of Customs PH - 𝗕𝗢𝗖: 𝗡𝗼𝗿𝗺𝗮𝗹 𝗜𝗺𝗽𝗼𝗿𝘁 𝗣𝗿𝗼𝗰𝗲𝗱𝘂𝗿𝗲𝘀 𝗳𝗼𝗿 𝗙𝗼𝗿𝗲𝗶𝗴𝗻 𝗗𝗼𝗻𝗮𝘁𝗶𝗼𝗻𝘀 Imported international donations shall be subject to payment of customs duties and taxes, and to normal procedures for the processing
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