Lunes, Hunyo 08, 2009

Corporate income tax drops P45.3B in Q1

BY DENNIS GADIL

Government has reported lower revenues from corporate income tax during the first quarter of 2009, declining by P45.3 billion to P88.9 billion from P134.2 billion collected in the last quarter of 2008 as companies reel from the global financial crisis. (more)
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