ABS-CBN a good taxpayer – BIR

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ABS-CBN a good taxpayer – BIR
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The Bureau of Internal Revenue (BIR) maintained Wednesday that ABS-CBN Corporation regularly pays taxes, but at the same time balked at a pro-franchise renewal solon's request to “grade” the company as a taxpayer.

The Bureau of Internal Revenue maintained Wednesday that ABS-CBN Corporation regularly pays taxes, but at the same time balked at a pro-franchise renewal solon’s request to “grade” the company as a taxpayer.

Mapoy, in his interpellation by Castro, said the corporation paid P15,382,423,364.16 worth of taxes between 2016 and 2019. Asked by the lady solon to assess its performance as a taxpayer, Mapoy said, “I think the ranking of ABS-CBN speaks for itself…as far as the sales are concerned versus the tax payment, we need to collect more.”

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