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SC upholds Semirara tax perks on oil imports

THE SUPREME COURT (SC) has upheld the tax-exempt status of Semirara Mining and Power Corp. on fuel imports, a ruling that reinforces fiscal incentives for the domestic coal industry, ordering the government to refund about P27 million in taxes. In a 12-page decision promulgated on Jan. 20 and released last week, the high court’s Third […]

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Source: bworldonline.com

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