Brief: Multi-Chem Says Tax Dispute Involving Wholly-Owned Subsidiary
28/02/2024 14:10
Feb 28 (Reuters) - Multi-Chem Ltd MCHE.SI :
* TAX DISPUTE INVOLVING WHOLLY-OWNED SUBSIDIARY
* M-SECURITY TECH PHILIPPINES RECEIVED TWO DOCUMENTS FROM
OFFICE
OF REGIONAL DIRECTOR BUREAU OF INTERNAL REVENUE
* DOCUMENTS STATE PHILIPPINE TAX AUTHORITY ASSESSED TAX
OBLIGATIONS OF UNIT FOR TAXABLE YEAR 2022 FOR 511.8 MILLION
PESOS
* PHILIPPINE SUBSIDIARY DISPUTES TAX LIABILITY AND HAS
ENGAGED
PHILIPPINE LEGAL COUNSEL TO ADVISE ON MATTER
Source text for Eikon: ID:nSN7bBB6H
Further company coverage: MCHE.SI
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Multi-Chem
See all newsBrief: Multi-Chem Posts Qtrly Profit Attributable S$7.1 Mln
Brief: Multi-Chem Says Chong Teck Sin Appointed As Board Chairman
Brief: Multi-Chem Seeks Trading Halt
Brief: Multi-Chem Says Tax Dispute Involving Wholly-Owned Subsidiary
Brief: Multi-Chem Proposes Final Tax Exempt (One- Tier) Dividend Of 11.10 SG Cents Per Ordinary Share