Del Monte PH diligently paying its taxes – parent

DUAL-listed fruit canner Del Monte Pacific Ltd. (DMPL) denied reports alleging irregularities in respect of taxes assessed on, and collected from, its subsidiary Del Monte Philippines, Inc. (DMPI).

“For the first time in DMPI’s long corporate existence, we heard about a controversy involving absurd tax assessments on the company for 2011, 2012, and 2013 totalling P30 billion,” DMPL said in a filing to the local stock exchange late Friday.