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CTA voids P137-M tax assessment vs. QC realty firm

CTA voids P137-M tax assessment vs. QC realty firm

MANILA – The Court of Tax Appeals (CTA) has ruled in favor of Quezon City-based realty firm New Farmers Plaza, Inc. in a case involving over PHP137 million in taxes dating back to 2006.In a 17-page decision dated Jan. 27 and made public Friday, the tax court’s Third Division granted…