This case has been cited 1 times or more.
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2016-01-11 |
LEONEN, J. |
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| "[B]y reason of our bilateral negotiations with [Canada], we have agreed to have our right to tax limited to a certain extent[.]"[124] Thus, we are bound to extend to a Canadian air carrier doing business in the Philippines through a local sales agent the benefit of a lower tax equivalent to 1 1/2% on business profits derived from sale of international air transportation. | |||||