The Supreme Court has allowed ING savings & Manila bank to be cleared of a PHP 238.5 m ( $ 238 m ) tax burden , dating back to the 1990 's , stating that the bank was covered by a federal tax amnesty bill .
The Supreme Court has allowed ING Bank NV Manila Branch to be relieved of a PHP 238.5m ($5.1m) tax burden, dating back to the 1990's, stating that the bank was covered by a 2007 tax amnesty law.