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Pharmally must pay P5.1 billion in taxes – CPAs, tax lawyers

Pharmally must pay P5.1 billion in taxes – CPAs, tax lawyers

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The auditors say that, based on its AFS for 2020, Pharmally paid a total of P2,697,116 in “Salaries, Wages, and Benefits” per alphalist of personnel. A 32% basic tax due, plus surcharge and interest, should have been imposed on this amount, or P863,077.12, and paid to the BIR.

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