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Cyanamid Philippines Tax Assessment Case by Yvette is a document available to read on EtoBox.
What is Cyanamid Philippines Tax Assessment Case about?
Case No. 124 involved Cyanamid Philippines, Inc. protesting a deficiency income tax assessment by the Commissioner of Internal Revenue for tax year 1981. The CIR assessed a 25% surtax for undue accumulation of earnings, which Cyanamid claimed were retained for reasonable business needs like working capital. The Court of Tax Appeals denied Cyanamid
- Author
- Yvette
- Language
- EN