A collection of current and important tax and legal rulings, issues and updates in the Philippines.
Tax Updates
On November 8, 2024, President Ferdinand Marcos Jr. signed into law R.A. No. 12066, also known as the CREATE MORE Act. This legislation aims to strengthen and expand tax incentives to promote economic...
Facts:Toyota Financial Services Philippines Corporation (Petitioner) was assessed deficiency taxes and fees by the City Treasurer of Davao (Respondent) for the years 2009 to 2018.The Petitioner argued...
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