^
+ Follow VALUE-ADDED TAX REGULATIONS Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 170907
                    [Title] => Royalty payments
                    [Summary] => FCP is a corporation organized and existing under Philippine law  and a wholly-owned subsidiary of Japan-based FCJ.  It seeks a ruling on whether the royalty payments it makes to its mother company are exempt from the value-added tax, both during the six-year income tax holiday (ITH) period extended by the Philippine Economic Zone Authority and after the lapse of the ITH,  should it choose to pay a 5% final tax on  its gross income earned in lieu of all national and local taxes  in accordance with Section 24 of RA 7916.

[DatePublished] => 2002-08-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) ) )
VALUE-ADDED TAX REGULATIONS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 170907
                    [Title] => Royalty payments
                    [Summary] => FCP is a corporation organized and existing under Philippine law  and a wholly-owned subsidiary of Japan-based FCJ.  It seeks a ruling on whether the royalty payments it makes to its mother company are exempt from the value-added tax, both during the six-year income tax holiday (ITH) period extended by the Philippine Economic Zone Authority and after the lapse of the ITH,  should it choose to pay a 5% final tax on  its gross income earned in lieu of all national and local taxes  in accordance with Section 24 of RA 7916.

[DatePublished] => 2002-08-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) ) )
abtest
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