The Court of Tax Appeals (CTA) has denied the petition of Nestle Philippines, Inc. for a refund of P1.26 billion for Sweetened Beverage Tax (SBT) for its MILO products. Nestle claimed it is not liable to pay the SBT on its removals of MILO products, which is a powdered chocolate malt flavored...
The Court of Tax Appeals (CTA) has ruled in favor of the Bureau of Internal Revenue (BIR) as it denied the petition filed by Valle Verde Country Club, Inc. which sought a P7.449 million refund for output value-added tax (VAT) on membership fees, assessment dues, and other charges from April 2018 to...
The Court of Tax Appeals (CTA) has upheld the dismissal of the P18.9 million tax case against Altimax Broadcasting Co., Inc. for failure of the Bureau of Internal Revenue (BIR) to observe due process. In a 20-page decision promulgated on Oct. 3, 2023 and written by Associate Justice Ma. Belen M....
The Court of Tax Appeals (CTA) has granted P3.1 million out of the P5.5 million refund sought by the Philippine Airlines, Inc. (PAL) for the excise taxes the firm paid for imported wines, liquors and cigarettes in 2009 for consumption in its international flights. In its Oct. 5, 2023 decision, the...
The Sandiganbayan has convicted four former officials of the now-defunct Technology and Livelihood Resource Center (TLRC) of their graft, malversation, and malversation through falsification charges in the misuse of the P5.4 million Priority Development Assistance Fund (PDAF) of former Davao del...
Senate President Juan Miguel "Migz" Zubiri said that the Senate is ready to answer any questions and issues concerning the Maharlika Investment Fund (MIF) Act of 2023 under Republic Act No. 11954. "I have already instructed the Senate Secretary to coordinate with the Office of the Solicitor...
The Sandiganbayan has affirmed the conviction of former Davao del Norte congressman Arrel R. Olaño for the misuse of his P7.72 million Priority Development Assistance Fund (PDAF) in 2007. Olaño had been convicted of three graft and three malversation charges together with...
Manila Prince Hotel President Atty. Joey Lina, Assistant Director of Food and Beverages EJ Yap, and Director of Sales and Marketing Marvin Kim Tan. The Dragon Court restaurant, nestled within the Manila Prince Hotel in Ermita, Manila City, has reopened its doors once again. The event was an...
The Sandiganbayan has convicted former mayor Constantino Bernardo Navarro IV of Del Carmen town in Surigao del Norte for delay in the liquidation of the P3 million intelligence funds he took from the municipality in two tranches in 2010. Since the prosecution allowed Navarro to plead guilty to a...
The Court of Tax Appeals (CTA) has ordered the Bureau of Internal Revenue (BIR) to refund or issue tax credits amounting to P43.9 million to Petron Corporation for the erroneously collected excise taxes on the firm’s importation of more than 9.7 million liters of alkylate in 2016 and 2017. Google...
The Commission on Audit (COA) has denied the P9.1 million in backwages and benefits claimed by a former National Library of the Philippines (NLP) official who was dismissed from the government service when found guilty in an administrative charge in 1996 but was granted executive clemency in 2012....
The Sandiganbayan has affirmed its ruling that denied the motion to dismiss through a demurrer to evidence filed by P/Supt. Rainier A. Espina, one of the co-accused of former Philippine National Police (PNP) Chief Avelino I. Razon Jr., in the alleged anomalous P409.7 million...
