Quote Originally Posted by mazdamazda View Post
Just read the other day, the WTO is claiming that there is a discrepancy between their records of Philippine imports versus the one recorded by the BOC.

The reason? Technical smuggling or the undervaluation and/or misclassification of imported items.

At fault? Partly the BOC... but mostly it is the businesses that import goods.

and how did they get that value?... of P100B and how does that compare to the amount of money that goes into corruption practices in the rest of the government? ... You can't blame businesses who undervalue their products because the government is already taxing honest people and companies out of business.