2 weeks Supreme Court affirms condo dues not subject to tax Rappler
MANILA, Philippines – The Supreme Court (SC) affirmed an earlier Makati City court ruling that condominium dues are not subject to tax. In a 33-page decision, the SC 1st Division nullified a Bureau of Internal Revenue (BIR) circular in 2012 which would have imposed 12% value-added tax (VAT) and 32% ... more