Monday, January 2, 2012

ABS-CBN: Connivance continues between smugglers, Customs staff - The World Bank estimates that P200 billion is lost annually due to tax evasion and smuggling. Smuggling has existed in the country for centuries as traders attempt to bring in goods into the Philippines and skirt around existing Custom rules and regulations. Up to this day, the problem of smuggling remains unresolved in the Bureau of Customs, the government's second largest revenue agency.

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