Overseas Filipino workers (OFWs) can now enjoy tax and duty free balikbayan boxes as President Aquino signed into law the Customs Modernization and Tariff Act (CMTA) which increases the tax-exempt value of items sent by overseas Filipinos to their families back home. Under the CMTA or Republic Act 10863, the tax exemption ceiling will be increased from the present P10,000 to P150,000. “Nagpapasalamat po tayo sa ating Pangulo at mga kasamahan sa Senado at sa […]
