Semirara wins tax dispute vs Calaca

SEMIRARA Mining and Power Corp. (Semirara) has won in its legal battle with the local government of Calaca in Batangas over a tax dispute.

This came after the Second Division of the Court of Tax Appeals (CTA) nullified and set aside the Notice of Assessment issued by the Municipal Treasurer of the Municipality of Calaca, Batangas to Semirara for “lack of legal and factual bases.”