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BusinessWorld Economy

Closing with ease

One of the more crucial, but often tedious, steps in the dissolution of an entity in the Philippines is securing a tax clearance, or Certificate of No Outstanding Tax Liability (CNOTL) from the Bureau of Internal Revenue (BIR). This document is a key requirement for deregistration with other government agencies, and delays in its issuance […]

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Source: bworldonline.com

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