Court of Tax Appeals The Court of Tax Appeals (CTA) has denied the petition filed by Procter & Gamble International Operations-Regional Operating Headquarters (ROHQ) which challenged the denial of the firm’s 2014 tax refund involving more than P47...
The Court of Tax Appeals (CTA) has cleared a Marikina-based businessman of tax evasion charges for the failure of the Bureau of Internal Revenue (BIR) to follow its audit guidelines. The court's First Division stated that Rodolfo Q. Reyes, sole proprietor of Celia' Handbag of Calumpang, Marikina...
Canada and the Netherlands, two countries pushing for media freedom worldwide, heaved a sign of relief after the Philippine Court of Tax Appeals (CTA) acquitted embattled journalist Maria Ressa and her company, Rappler, of tax evasion charges. In a statement, the two countries, which co-chair the...
Senator Risa Hontiveros on Wednesday, January 18 hailed the acquittal of journalist and Nobel Laureate Maria Ressa and her news outlet Rappler of tax evasion charges as a “win for free and defiant journalism in the Philippines.” Hontiveros issued the statement after the first division of the...
The Court of Tax Appeals (CTA) has erased the P179.9 million tax liabilities of a businessman from Isabela for the failure of the Bureau of Internal Revenue (BIR to give him a chance to answer the tax assessments. The court's First Division said the assessments issued to Joselito B. Yap, owner of...
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...
The Court of Tax Appeals (CTA) has affirmed the authority of the commissioner of Bureau of Internal Revenue (BR) and duly-authorized representatives to issue letter of authority (LA) to examine the financial statements of taxpayers. The court's Special Second Division dismissed the separate...
The Court of Tax Appeals (CTA) has affirmed the decision of the Bureau of Customs (BOC) to confiscate 18 imported sports cars and service utility vehicles (SUVs) for violation of the tariff and internal revenue laws. (Court of Tax Appeals) In a 53-page decision, the court's Special Second Division...
The Court of Tax Appeals (CTA) has cleared a businesswoman in Quezon City of P72-million tax evasion case filed by the Bureau of Internal Revenue (BIR) for insufficient evidence. Philippine big banks continue to have sufficient capital amid the pandemic. (File photo) The court's Third Division...
The Bureau of Internal Revenue (BIR) filed a total of 84 criminal charges against suspected tax cheats before the Department of Justice (DOJ) during the first half of 2021 for refusal to settle tax debts amounting to P3.1 billion. (Photo by Roth Melinda/ Unsplash) The BIR also padlocked 274 firms...
The Court of Tax Appeals (CTA) has cancelled the P3-million belated deficiency tax assessment slapped by the Bureau of Internal Revenue (BIR) againts a car parking company. (Photo from PNA) In an 18-page resolution, the court's third division stated that the BIR's final assessment notice (FAN) and...
The Court of Tax Appeals (CTA) has nullified the almost P4-million deficiency tax assessment of the Bureau of Internal Revenue (BIR) against a supplier of industrial equipment after the agency failed to follow the correct audit procedure. (Photo from PNA) The court's third division stated that the...
