DOF withholds P319-million tax credits

in World News

THE Department of Finance (DOF) withheld the grant of P319 million in tax perks claimed by a Bulacan-based textile firm, pending the final results of the special investigation of the Commission on Audit (COA) on “irregular” tax credit certificates (TCCs) issued during the past administrations. The DOF, through its One-Stop Inter-agency Tax Credit and Duty […]

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