Finance Secretary Benjamin Diokno says the policies and regulations of the Bureau of Internal Revenue (BIR) and Bureau of Customs are currently undergoing a thorough review.
Finance Secretary Benjamin E. Diokno said late Tuesday, July 25, that the policies and regulations of the Bureau of Internal Revenue and Bureau of Customs are currently undergoing a thorough review.
Customs regulations are the rules that control how goods can be brought into and taken out of the Philippines. They also include information about taxes, fees, and any restrictions or rules that apply to certain goods. Last Tuesday, Diokno said that implementing improved tax administrative measures can effectively meet the government's revenue requirements.
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