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CTA upholds SMB P1-B refund; SMGP allots P4.49B for RE
April 26, 2026
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Posted 3 hours ago by
THE Court of Tax Appeals (CTA) En Banc has upheld a tax refund exceeding P1 billion in favor of San Miguel Brewery, Inc. (SMB), the beer unit of San Miguel Corp. (SMC), in connection with excise tax collections for 2020. In a 17-page decision dated April 14, the CTA En Banc denied the petition for []
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