Supreme Court Rules Government Share in Malampaya Includes Contractors’ Income Taxes
Manila: The Supreme Court has ruled that the Philippine government’s share in the profits from the Malampaya Natural Gas Project includes the income taxes of its private contractors. In a 19-page decision made public Wednesday, the Supreme Court En Banc lifted the charges against Shell Exploration B.V., PNOC Exploration Corporation, and Chevron Malampaya LLC for unpaid income taxes. According to Philippines News Agency, the ruling also lifted the “notice of charge” and cleared two Department of Energy (DOE) officials, Compliance Division chief Thelma Cerde±a and Financial Services officer-in-charge Nora Tuazon. The court emphasized that while it aligns with the Commission