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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 244576 [Title] => VAT exemption for Skyway toll sought [Summary] => The Philippine National Construction Co. (PNCC) wants the government to exempt its Skyway toll from the value added tax (VAT), warning of adverse public reaction should the toll be subjected to the tax.
PNCC has asked the Department of Finance (DOF) to consider the exemption of Skyway tolls from VAT, arguing that its charter exempts the company from all taxes except income and real property taxes.
Documents revealed that the PNCC was invoking Presidential Decree 1113 issued by the late President Ferdinand E. Marcos which accorded PNCC the exemptions.
[DatePublished] => 2004-03-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 221587 [Title] => Citra in talks with investors for funding of Skyway project [Summary] => The completion of the Metro Manila Skyway project will resume soon as the Indonesian firm P.T. Citra Lamtoro Gung Persada has renewed talks with its investors and creditors for funding Stage 2 and 3 of the elevated highway system.
Government sources revealed over the weekend that PT Citra Lamtoro Gung Persada has begun looking into new strategies that would allow its joint venture company to resume and eventually complete the project.
[DatePublished] => 2003-09-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
CITRA LAMTORO
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 244576 [Title] => VAT exemption for Skyway toll sought [Summary] => The Philippine National Construction Co. (PNCC) wants the government to exempt its Skyway toll from the value added tax (VAT), warning of adverse public reaction should the toll be subjected to the tax.
PNCC has asked the Department of Finance (DOF) to consider the exemption of Skyway tolls from VAT, arguing that its charter exempts the company from all taxes except income and real property taxes.
Documents revealed that the PNCC was invoking Presidential Decree 1113 issued by the late President Ferdinand E. Marcos which accorded PNCC the exemptions.
[DatePublished] => 2004-03-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 221587 [Title] => Citra in talks with investors for funding of Skyway project [Summary] => The completion of the Metro Manila Skyway project will resume soon as the Indonesian firm P.T. Citra Lamtoro Gung Persada has renewed talks with its investors and creditors for funding Stage 2 and 3 of the elevated highway system.
Government sources revealed over the weekend that PT Citra Lamtoro Gung Persada has begun looking into new strategies that would allow its joint venture company to resume and eventually complete the project.
[DatePublished] => 2003-09-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Des Ferriols | March 30, 2004 - 12:00am
By Des Ferriols | September 22, 2003 - 12:00am
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