Shell Petroleum Ordered to Pay P5.72-Billion in Back Taxes

The Court of Tax Appeals ordered Pilipinas Shell Petroleum to pay P5.72 billion in unpaid excise and value-added taxes. This is pursuant to a 2015 decision that two gasoline components, Catalytic Cracked Gasoline (CCG) and Light Catalytic Cracked Gasoline (LCCG), used as raw materials were taxable. The amount covers importations for 2006 to 2009. Shell would no longer be liable for the tax for the years 2004 and 2005 because of the…

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