MANILA, Philippines — China’s Xuzhou Construction Machinery Group (XCMG) on Tuesday decried “false and damaging” tax evasion allegations against it as the firm maintained that all its medical supply deals with the government are aboveboard. ADVERTISEMENT“We responded to an urgent call from the Philippine government to deliver PPEs to protect Filipino medical frontliners from COVID-19,” Baltazar said. They also learned that the company was not an accredited importer of the Philippine Bureau of Customs. “Our transaction of PPE sets with the Philippines is considered a form of international trade that rightfully complies with established international trade practices and Philippine national laws,” the lawyer said. “Therefore, we shall not allow the company’s name to be tarnished by any accusations of illegal tax evasion,” she added.

Source: Philippine Daily Inquirer November 02, 2021 18:54 UTC