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PHILIPPINES PRESS-Tax court approves settlement of Unilever, Manila city council - BusinessWorld

The Court of Tax Appeals has approved a compromise agreement between the City of Manila and the local arm of consumer goods group Unilever Plc (NYSE: UL - news) , settling a 10-year dispute over the latter's 284.15 million pesos ($6.38 million) refund claim, BusinessWorld reported, citing an eight-page resolution dated Jan. 5. (http://bit.ly/1DWeZAx)

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. ($1 = 44.5500 Philippine pesos) (Compiled by Manila newsroom; Editing by Subhranshu Sahu)