Toyota remits P16.46B in duties, taxes in H1

By Ed Paolo Salting

Aug 27, 2022 12:15 am

TOYOTA Motor Philippines Corp. (TMP) has been recognized as the second top importer by the Bureau of Customs-Port of Batangas (POB) from January to July 2022.

The automotive and mobility company remitted to the government a total of P16.46 billion in the form of duties and taxes. This amount is the second highest collected by the POB, which contributed to the port's higher revenue performance versus the same period last year.

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