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+ Follow TOBACCO EXCISE TAX RECEIVABLE Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 228257 [Title] => Govt borrows P1.8-B to pay excise tax share of tobacco provinces [Summary] => The Arroyo administration borrowed P1.8 billion through the issuance of five-year certificates to pay for the share of tobacco-producing areas in the proceeds of the excise tax on tobacco.
The transaction was concluded today, with the Land Bank of the Philippines (LandBank) appointed as the trustee that would securitize the receivables of local government units (LGUs) qualified to receive a share of the excise tax.
[DatePublished] => 2003-11-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
TOBACCO EXCISE TAX RECEIVABLE
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 228257 [Title] => Govt borrows P1.8-B to pay excise tax share of tobacco provinces [Summary] => The Arroyo administration borrowed P1.8 billion through the issuance of five-year certificates to pay for the share of tobacco-producing areas in the proceeds of the excise tax on tobacco.
The transaction was concluded today, with the Land Bank of the Philippines (LandBank) appointed as the trustee that would securitize the receivables of local government units (LGUs) qualified to receive a share of the excise tax.
[DatePublished] => 2003-11-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Des Ferriols | November 17, 2003 - 12:00am
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P165,219,542.00
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