Category Archives: Law and Regulation

In case of discrepancy between the basic law and a rule or regulation issued to implement said law, the basic law prevails

Although the basis of the exemption of PAGCOR and Acesite from VAT in the case of The Commissioner of Internal Revenue v. Acesite (Philippines) Hotel Corporation was Section 102 (b) of the 1977 Tax Code, as amended, which section was … Continue reading

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