The Court of Tax Appeals (CTA) has denied the petition that sought the return of US$491,600 in cash that was confiscated by the Bureau of Customs (BOC) at the Ninoy Aquino International Airport (NAIA) in 2019. “After a full review of the parties’ respective arguments and evidence, we rule to...
The Court of Tax Appeals (CTA) has denied the petition of the estate of slain businessman Henry T. Lao for the refund of P350 million in alleged illegally collected income tax and value-added tax (VAT) for taxable year 2015. The denial was contained in a decision promulgated last Dec. 19 based on...
The Court of Tax Appeals (CTA) has acquitted five executives of a cigarette manufacturing company which was raided in 2020 in Angeles City in Pampanga where P14.08 million worth of tobacco products were seized. Acquitted were GB Bem Cigarette Co., Inc. president Gregory G. Lim, treasurer Benson G....
The Court of Tax Appeals (CTA) has dismissed the petition for P6 million tax refund sought by a firm that recruits qualified Filipino seafarers for employment by foreign shipping companies. Dismissed was the petition filed by BW Shipping Philippines, Inc. against the Bureau of Internal Revenue...
The Court of Tax Appeals (CTA) has denied the petition of Air Drilling Associates Pte. Ltd. which sought a tax refund of P951,459.67 for its zero-rated sales for the fourth quarter of 2018. Air Drilling is a foreign company from Singapore engaged in aerated drilling services. It was licensed to...
The Court of Tax Appeals (CTA) has denied the petition of Bohol Light Company, Inc. (BLCI) to reverse a regional trial court (RTC) ruling that the firm has "no clear and categorical exemption from other local taxes." Assailed by the BLCI was the March 31, 2016 decision issued by the Tagbilaran...
The Court of Tax Appeals (CTA) has denied the petition of Deutsche Knowledge Services Pte., Ltd. which sought an additional refund or tax credit for P8.2 million for the second quarter of taxable year 2019. Deutsche Knowledge is the Philippine branch of a multinational company organized and...
The Court of Tax Appeals (CTA) has denied the petition of five cement trading companies against the safeguard duties imposed by the government in 2019 on cement importations. In 2018, the Department of Trade (DTI) conducted a probe on the increased importations of cement. The investigation...
For lack of jurisdiction, the Court of Tax Appeals (CTA) has dismissed the petition filed by Manulife Data Services, Inc. which sought from the Bureau of Internal Revenue (BIR) P127.4 million tax refund for its alleged excess and unutilized value added tax (VAT) in 2019. Manulife filed its...
The Court of Tax Appeals (CTA) has denied for lack of jurisdiction the petition filed by Li-son Transport Service, Inc. which sought the cancellation of the P5.5 million deficiency tax assessments issued by the Bureau of Internal Revenue (BIR) for taxable year 2018. Li-son Transport received a...
For filing a premature pleading that resulted in lack of jurisdiction, the Court of Tax Appeals (CTA) dismissed the petition filed by Pentagon Gas Corporation against the P27.67 million deficiency tax assessments issued by the Bureau of Internal Revenue (BIR) for taxable year 2014. The BIR issued a...
The Court of Tax Appeals (CTA) has denied the P6.55 million tax refund claimed by SL Harbor Bulk Terminal Corporation from the Bureau of Internal Revenue (BIR). The company filed an administrative claim for tax credit before the BIR on Sept. 18, 2020 on excise taxes paid on the importation of...
