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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 170907
                    [Title] => Royalty payments
                    [Summary] => FCP is a corporation organized and existing under Philippine law  and a wholly-owned subsidiary of Japan-based FCJ.  It seeks a ruling on whether the royalty payments it makes to its mother company are exempt from the value-added tax, both during the six-year income tax holiday (ITH) period extended by the Philippine Economic Zone Authority and after the lapse of the ITH,  should it choose to pay a 5% final tax on  its gross income earned in lieu of all national and local taxes  in accordance with Section 24 of RA 7916.


                    [DatePublished] => 2002-08-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business As Usual
                    [SectionUrl] => business-as-usual
                    [URL] => 
                )

        )

)

FCJ

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                    [ArticleID] => 170907
                    [Title] => Royalty payments
                    [Summary] => FCP is a corporation organized and existing under Philippine law  and a wholly-owned subsidiary of Japan-based FCJ.  It seeks a ruling on whether the royalty payments it makes to its mother company are exempt from the value-added tax, both during the six-year income tax holiday (ITH) period extended by the Philippine Economic Zone Authority and after the lapse of the ITH,  should it choose to pay a 5% final tax on  its gross income earned in lieu of all national and local taxes  in accordance with Section 24 of RA 7916.


                    [DatePublished] => 2002-08-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business As Usual
                    [SectionUrl] => business-as-usual
                    [URL] => 
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abtest

Royalty payments

August 5, 2002 - 12:00am

FCP is a corporation organized and existing under Philippine law and a wholly-owned subsidiary of Japan-based FCJ. It seeks a ruling on whether the royalty payments it makes to its mother company are exempt from...

Business As Usual