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bworldonline.com - 7 month ago

Ginebra wins P66-M tax case

THE Court of Tax Appeals (CTA) ruled in favor of Ginebra San Miguel, Inc. (GSMI), which claimed it was “erroneously and illegally” charged P66.38 million in excise tax. GSMI sought P66.38 million in tax refund, paid for the period starting Jan. 23, 2020, to Feb. 9, 2020. This amount reflects the excess of the basic [ ]


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