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Philippine court rejects US$1.5mln VAT refund bid by Melco

The court’s ruling from July 11 and published on Monday, said that although in law the company was entitled to certain tax privileges, the relevant records were “miserably bereft of any proof of the date of the filing of VAT returns and payment of the VAT purportedly passed on to the petitioner [Melco Resorts Leisure] by its suppliers”.

Source: ggrasia.com

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