The Court of Tax Appeals (CTA) has denied the petition filed by FCF Minerals Corporation (FCF) -- a firm engaged in the exploration, development, and commercial operation of mineral claims -- to refund the P57.8 million taxes it paid for its imported equipment. In 2009, FCF and the government...
The Court of Tax Appeals (CTA) has denied the petition filed by Golden Donuts Inc., the exclusive franchiser and license grantee of Dunkin' Donuts, against the Bureau of Internal Revenue (BIR). Golden Donuts Inc. filed a Petition for Review with Urgent Motion for the Issuance of a Temporary...