<p>The significant year for Marikina was in 1887 when shoemaking started to flourish. Back in the good old days, the Sapatero Shoe Company made shoes, sold the shoes, and paid the government taxes on the profit. A hundred years later, the company started selling shoes to stores in Hong Kong. The company paid taxes to the Philippine government on the profits.</p>

The significant year for Marikina was in 1887 when shoemaking started to flourish. Back in the good old days, the Sapatero Shoe Company made shoes, sold the shoes, and paid the government taxes on the profit. A hundred years later, the company started selling shoes to stores in Hong Kong. The company paid taxes to the Philippine government on the profits.

Wednesdays with John Mangun: The Global Minimum Corporate Tax

The BusinessMirror provides readers with a broader look at the nation’s business in these challenging times. It covers not just economies or industries or companies or markets, but all the people and elements whose dynamics influence developments, movements and trends.

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Wednesdays with John Mangun: The Global Minimum Corporate Tax

Wednesdays with John Mangun: The Global Minimum Corporate Tax