Tuesday, November 15, 2005

P175B lost yearly to technical smuggling

SEN. Mar Roxas reiterated his appeal to the government to address the problem of smuggling, saying it would save the country a lot of revenues. “If you add up and collect all the government revenues lost to smuggling, there is no need to impose new taxes to fund the budget,” Roxas said.

Read the full story at Manila Times and The Daily Tribune.

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