By CZARINA NICOLE ONG KI The Court of Tax Appeals (CTA) has denied the P262 million tax refund claimed by Ford Group Philippines, Inc. for the firm's alleged excess and unutilized creditable withholding taxes (CWT) for 2018. Ford filed its Application for Tax Credits/Refunds before the Bureau of...
For lack of jurisdiction, the Court of Tax Appeals (CTA) has dismissed the petition filed by HP PPS Philippines, Inc. which sought P165.2 million tax refund or tax credits from the Bureau of Internal Revenue (BIR) for fiscal year 2017. HP PPS, a firm engaged in computer and peripheral equipment...
The Court of Tax Appeals (CTA) has denied the P20.8 million tax refund sought by Nippon Express Philippines Corporation from the Bureau of Internal Revenue (BIR) for the firm's alleged unutilized input value-added tax (VAT) for the 3rd quarter of 2018. Nippon Express filed an administrative claim...
The Court of Tax Appeals (CTA) has declared "final, executory, and demandable" the P717.7 million deficiency taxes of UP North Property Holdings, Inc. for 2009 assessed by the Bureau of Internal Revenue (BIR) in 2018. In a decision issued by its second division last June 25, the CTA ruled that "the...
The Court of Tax Appeals (CTA) has denied for lack of merit the petition of Calumpit Multi-Purpose Cooperative (CMPC) which contested the seizure, auction and forfeiture in 2018 of its P68.4 million worth of imported rice from Thailand. The case started on Sept. 9, 2015 when CMPC was granted a...
For lack of jurisdiction, the Court of Tax Appeals (CTA) has dismissed the petition filed by Friendlycare Foundation, Inc. which challenged the P10.3 million deficiency income tax and value-added tax assessed by the Bureau of Internal Revenue (BIR) for taxable year 2014. The petition was filed by...
The Court of Tax Appeals (CTA) has partially granted the petition of the National Grid Corporation of the Philippines (NGCP) as it reversed the decision issued by the Quezon City Regional Trial Court (RTC) which dismissed the P22 million claim for refund of city taxes and other business taxes. On...
The Court of Tax Appeals (CTA) has affirmed its division's ruling that denied the petition of Sanyo Seiki Stainless Steel Corporation against the Bureau of Internal Revenue's (BIR) P51.99 million deficiency income tax assessment issued in 2006. The BIR sent a Letter Notice to Sanyo on Oct. 23,...
For lack of jurisdiction, the Court of Tax Appeals (CTA) has denied the petition filed by the National Food Authority (NFA) which sought to suspend the collection of the P143 million real property tax (RPT) levied against it by the Cabanatuan City government in Nueva Ecija. The NFA filed its...
The Court of Tax Appeals (CTA) has granted the petition of former Chief Justice Maria Lourdes P.A. Sereno against her alleged P6.9 million deficiency income taxes, surcharges, and interests for taxable years 2011 to 2016. In a decision promulgated last May 14 by its special second division, the CTA...
The Court of Tax Appeals (CTA) has dismissed the petition for P44.25 million tax refund sought from the Bureau of Internal Revenue (BIR) by LKY Property Holdings, Inc. In a decision, the CTA's first division said refunds for erroneously collected taxes must be made within two years from the payment...
The Court of Tax Appeals (CTA) has denied the P3.9 million tax refund sought by Lantro Phils., Inc., a firm that "offers installation, maintenance, and support services for structured cabling systems." Lantro filed its application for tax credits/refunds on April 1, 2019 before the Bureau of...