PH eyeing to end tax break on low-cost imports

MANILA, Philippines — The Department of Finance (DOF) is studying the possible removal of the tax exemption on imported packages worth less than P10,000, known as the “de minimis” rule, as the government seeks to plug revenue losses and level the playing field for local manufacturers. Finance Undersecretary Karlo Fermin Adriano told reporters that the exemption […]...Keep on reading: PH eyeing to end tax break on low-cost imports

Nov 3, 2026 - 05:00
PH eyeing to end tax break on low-cost imports
MANILA, Philippines — The Department of Finance (DOF) is studying the possible removal of the tax exemption on imported packages worth less than P10,000, known as the “de minimis” rule, as the government seeks to plug revenue losses and level the playing field for local manufacturers. Finance Undersecretary Karlo Fermin Adriano told reporters that the exemption […]...

Keep on reading: PH eyeing to end tax break on low-cost imports

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