PEACe bonds tax issue ‘unfair, unpredictable’

Dec 8, 2011 8:00 AM PHT

Lala Rimando

SUMMARY

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Business executives and an official shared to @lalarimando their take on the controversial PEACe bonds tax issue. It was a day after the Supreme Court acted on the P5-billion-worth tax issue on the PEACe bonds.

MANILA, Philippines – Business executives and an official shared to @lalarimando their take on the controversial PEACe bonds tax issue.

It was a day after the Supreme Court acted on the P5-billion-worth tax issue on the PEACe bonds. (Read related story here: http://www.facebook.com/notes/moveph/4-things-you-need-to-know-about-peace-bo…)

Former finance secretary Margarito Teves, Monetary Board member and economics professor Felipe Medalla, and audit and tax firm Punongbayan&Araullo founder Benjamin Punongbayan talked to Move.PH at the sidelines of a business forum in Shangrila Hotel Manila on October 18.