Investors’ earnings in low-cost housing projects exempted from income tax – Court of Tax Appeals

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.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين