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Milo loses milk claim, is ruled as a sweet drink subject to higher excise tax
Milo loses milk claim, is ruled as a sweet drink subject to higher excise tax
by
Victor C. Agustin
June 20, 2022
Tax court upholds BIR,
nixes manufacturer Nestle's
P254M tax refund claim
(See screenshots of the pertinent pronouncements by the Court of Tax Appeals in CTA Case No. 9943, Nestle Philippines vs Commissioner of Internal Revenue.)
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