OFWs and Balikbayans can now send pasalubong or balikbayan boxes TAX FREE for items worth up to P150,000 total per year. This law is part of the Balikbayan Box Law or BBL signed by former President Aquino last 2016. This law is otherwise known as Republic Act 10863. But the guidelines was only crafted this […]
Balikbayan Box Law
NEW LAW: TAX FREE Balikbayan Box Up to P150,000 | Super Section 800 of CMTA
For our OFWs who regularly sends balikbayan boxes, this new law signed by President Aquino is a great help! Know how much is the tax exemptions on your pasalubong and cargo boxes. Last August 2015, Senator Ralph Recto sponsored Senate Bill 2913 popularly known as Balikbayan Box Law or BBL. Later on this bill was […]