Search results
Results from the WOW.Com Content Network
Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank. This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and ...
The Bureau of Customs (abbreviated BoC or BOC; Filipino: Kawanihan ng Adwana) is a Filipino government agency that is responsible for the collecting of customs duties, excise duties, and other indirect taxes in the Philippines.
[1] [2] Traditionally, customs has been considered as the fiscal subject that charges customs duties (i.e. tariffs) and other taxes on import and export. In recent decades, the views on the functions of customs have considerably expanded and now covers three basic issues: taxation, security, and trade facilitation. [3]
Sterling Bank of Asia (SBA) (Hokkien Chinese: 融通亞洲銀行; Pe̍h-ōe-jī: Iông-thong A-chiu Gûn-hâng [3]) is a savings bank in the Philippines principally owned by the JTKC Group of Companies, Surewell Equities, and Star Equities engaged in diverse industries ranging from logistics to finance, real estate, manufacturing, hotel and resort properties.
Often they have relaxed jurisdiction of customs or related national regulations. They can be ports or other large areas or smaller allocated areas. Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone ), free economic zone , free-trade zone , export processing zone and maquiladora .
Philippine Ports Authority (Filipino: Pangasiwaan ng Daungan ng Pilipinas [1]) is a government-owned and controlled corporation under the Department of Transportation as an attached agency. It is responsible for the financing, management and operations of public ports throughout the Philippines , except the port of Cebu , which is under the ...
Free zones may reduce or eliminate taxes, customs duties, and regulatory requirements for registration of business. Zones around the world often provide special exemptions from normal immigration procedures and foreign investment restrictions as well as other features.
In the Philippines, this is characterized by continuous and increasing levels of debt and budget deficits, though there were improvements in the last few years of the first decade of the 21st century. [2] The Philippine government's main source of revenue are taxes, with some non-tax revenue also being collected. To finance fiscal deficit and ...