BIR wins tax case versus San Miguel

Nov 16, 2023 12:50 am

THE Supreme Court has rejected San Miguel Corp.'s bid to claim a P30.4-million tax refund, the Bureau of Internal Revenue (BIR) said on Wednesday.

BIR Commissioner Romeo Lumagui Jr. said the high court, in an April 12, 2023 decision, had ruled that the conglomerate was not entitled to a refund of documentary stamp taxes (DST) on intercompany advances made in 2009 based on Section 179 of the National Internal Revenue Code (NIRC).

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