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CTA reduces Lazada's tax liabilities to Makati City

The Court of Tax Appeals (CTA) has rejected the petition of a popular online seller of goods to nullify the P21.8 million deficiency business tax imposed by the Makati City government. Instead, the court's Special Third Division reduced the tax liabilities of Lazada E-Services Philippines, Inc. to
Makati City San Pedro Makati Taguig City City Of Taguig Third Division Lazada Philippines Inc
Source: mb.com.ph

BIR's assessment error costs gov't P1.1B in firm's tax liabilities

The Court of Tax Appeals (CTA) has erased the more than P1.1 billion tax liabilities of Concepcion Industries, Inc. due to the erroneous assessment and collection procedures of the Bureau of Internal Revenue (BIR). The court's Special Third Division said the examination of financial records of th
Concepcion Industries Inc Supreme Court Third Division Bureau Of Internal Revenue Tax Appeals Concepcion Industries
Source: mb.com.ph

CTA allows LGU to subject businesses to various permit fees

The Court of Tax Appeals (CTA) has upheld the power of the Davao City government to impose various fees in the slaughter of animals for human consumption. The court's Special Third Division rejected the petition of San Miguel Foods, Inc. which operates two dressing plants in Davao City, to nullify
Davao City Pasig City City Of Pasig Third Division Davao Regional Trial Court San Miguel Foods Inc
Source: mb.com.ph

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SC clears ex-FG Mike Arroyo in ₧105-million chopper deal

THE Supreme Court  has exonerated former First Gentleman Jose Miguel “Mike” Arroyo of any criminal liability in connection with the procurement of helicopters in 2009 amounting to P105 million. In a 19-page resolution, the Court’s Special Third Division reversed its previous ruling issued on January 27, 2020, which upheld an Office…
Robinson Raveni Lpohs Jose Miguel Mike Arroyo Ignacio Iggy Arroyo Raveni Lpohs Lionair Inc Asian Spirit Inc

100 Filipino ADB employees lose bid to recover P34-M income tax

Published January 25, 2021, 1:41 PM More than 100 Filipino employees of the Asian Development Bank (ADB) have lost their appeal to recover P33.7 million in income tax remitted to the Bureau of Internal Revenue in 2012. The Court of Tax Appeals (CTA) en banc reversed the decision of one of its divisions granting the refund claim. The court’s Special Third Division stated that ADB workers were entitled to get back the payment as Revenue Memorandum Circular 31-2013 imposing the tax was issued on...
Kim Jacinto Henares Supreme Court Third Division Bureau Of Internal Revenue Asian Development Bank Internal Revenue
Source: mb.com.ph

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