CTA favors DMCI in P103.68&M tax appeal

THE Court of Tax Appeals (CTA) ruled in favor of DMCI Holdings, Inc. in the company’s appeal against the Bureau of Internal Revenue (BIR) regarding over P103.68 million in deficiency income tax assessment for 2014, citing erroneous audit calculations and a lack of substantial evidence. The tax court’s first division, in a decision publicized on […]

CTA favors DMCI in P103.68&M tax appeal
THE Court of Tax Appeals (CTA) ruled in favor of DMCI Holdings, Inc. in the company’s appeal against the Bureau of Internal Revenue (BIR) regarding over P103.68 million in deficiency income tax assessment for 2014, citing erroneous audit calculations and a lack of substantial evidence. The tax court’s first division, in a decision publicized on […]