CTA partially grants P70.77&M tax credit to Pilipinas Shell

THE Court of Tax Appeals (CTA) has granted Pilipinas Shell Petroleum Corp. a P70.77-million tax refund or credit certificate for excess excise taxes paid in 2019, partially approving the company’s request. In a Sept. 23 decision, the tax court’s third division ruled that the company is entitled to a tax return of just over P70 […]

CTA partially grants P70.77&M tax credit to Pilipinas Shell
THE Court of Tax Appeals (CTA) has granted Pilipinas Shell Petroleum Corp. a P70.77-million tax refund or credit certificate for excess excise taxes paid in 2019, partially approving the company’s request. In a Sept. 23 decision, the tax court’s third division ruled that the company is entitled to a tax return of just over P70 […]