Earnings of investors participating in the government’s low-cost housing projects are exempted from income tax.
The CTA’s Special First Division said it was wrong for the BIR to classify the bonds’ yield as a form of deposit substitutes under Section 22 of the Tax Code.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más: