Sabado, Agosto 29, 2015

NOT SO COMMON SENSE

There’s a niche market for collectors of sports trophies, title belts, championship rings and medals. But athletes do not buy those trophies in stores; they pay for them with blood, sweat and tears.

That said, shame on the Bureau of Customs (BOC) for levying a P6,000 tax on the title belt won and brought home by a Filipina boxer from abroad. She brings honor to the country and this is what she gets in return?

The grant of tax exemptions to athletes for their medals, belts and trophies should be automatic without requiring them to suffer the red tape of getting exemptions at the finance department.

The only time sports memorabilia should be assessed taxes is when they are sold to collectors. Seems common sense is not so common at BOC.

What would the BOC tax next? The medals brought home by amateur athletes from the Olympics (where we have yet to win a gold), the Asian Games or Southeast Asian Games? –End-



Image by: Sunstar

Walang komento:

Mag-post ng isang Komento