Lazada ordered to pay P8.17M in business tax to Makati City

The Court of Tax Appeals’ special third division partially granted Lazada E-Services Philippines Inc.’s petition for review but still ordered it to pay the City of Makati and its City Treasurer P8.17 million on local business taxes for 2015 and 2017, albeit smaller than the P21.8 million that was sought.

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Lazada ordered to pay P8.17M in business tax to Makati City

The Court of Tax Appeals’ special third division partially granted Lazada E-Services Philippines Inc.’s petition for review but still ordered it to pay the City of Makati and its City Treasurer P8.17 million on local business taxes for 2015 and 2017, albeit smaller than the P21.8 million that was sought.

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Shanghai axes some Covid testing requirements

Authorities in China’s financial hub of Shanghai will from Monday scrap some testing requirements in the country’s latest relaxing of its strict zero-Covid policy following nationwide protests unseen in decades.