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Good news! Tax free cap for balikbayan boxes increased from 10k to 150k!

edited June 2016 in Bagong Balita
<img src="http://buhaysg.com/uploads/imageupload/127/EBGJYP5RJKQD.jpg" />

Salahat ng mga gusto magpadala ng Lcd tv sa wakas makakatulong ang bagong Law na to. :) Ang dating 10k limit na cap, now is 150k. So 150k below worth of items wala ng tax!

"OFWs can now send up to three P150,000-worth of tax- and duty-free balikbayan boxes in a year, given that the goods are not in commercial quantities nor intended for barter, sale or for hire."

Para naman sa mga uuwi tax exempt is 350k kapag 10yrs ka sa ibng bansa nanirahan.

250k tax free naman kapag 5yrs ang tenure mo sa ibang bansa.

Source
http://globalnation.inquirer.net/139806/new-law-raises-tax-free-cap-balikbayan-boxes

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