Philippine Daily Inquirer made a survey in December 2014 regarding the usual items Filipinos get through balikbayan boxes. Here are the top 10 items, with approximate budget that an average OFW spend for such items.
1. chocolates
and candies(Php 2,000)
5. toiletries (Php 2,000) -
May include shampoo, soap, toothpaste, lotion, facial creams and moisturizers
May include shampoo, soap, toothpaste, lotion, facial creams and moisturizers
9. appliances (Php 3,000) -
Usual appliances are blender, food processor, hair dryer, flat iron, component and speakers
Usual appliances are blender, food processor, hair dryer, flat iron, component and speakers
10. gadgets (Php 30,000)-
This amount is limited to 1 gadget which could either be cellphone, tablet, laptop, camera
Based on our estimate, a box with this items has a value of Php 61,000. Currently for a box to be tax free the value should not exceed Php 22,500 or $500.
But if you are receiving a box like Mike, would they tax the $10,000 cash as they open the box for inspection?
This amount is limited to 1 gadget which could either be cellphone, tablet, laptop, camera
Based on our estimate, a box with this items has a value of Php 61,000. Currently for a box to be tax free the value should not exceed Php 22,500 or $500.
But if you are receiving a box like Mike, would they tax the $10,000 cash as they open the box for inspection?
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