The Bureau of Customs (BOC) incurred P3.4 billion in forgone revenues due to lower pork import tariffs, the Department of Finance (DOF) reported on Monday, Nov. 22. The tax collection losses stemmed from the government’s effort to boost the supply of pork and stabilize its retail prices in the domestic ...

Source: Manila Bulletin (https://mb.com.ph/2021/11/22/customs-loses-p3-4-b-from-lower-pork-tariffs/?utm_source=rss&utm_medium=rss&utm_campaign=customs-loses-p3-4-b-from-lower-pork-tariffs)