Gas and Oil smuggling in the Philippines
Filed under: Asia, Environmental
The Government of the Philippines losses $682 Million (32.5 Billion Philippine Peso) in tax revenue to gas and oil smuggling in the country.
An estimated 30 to 35 percent of all gasoline and diesel sold in the country comes from oil smuggling.
Source: Amy R. Remo, “Gov’t urged to curb oil smuggling,” Philippine Daily Inquirer, September 20, 2009.
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