CIR vs Philippine Daily Inquirer March 22, 2017, G.R. No. 213943

Facts: Issues: 1.) Whether the CTA En Banc erred in ruling that petitioner’s assessment for deficiency VAT and income tax was adequately controverted by respondent; 2.) Whether the CTA En Banc erred in ruling that the petitioner’s right to assess respondent for deficiency VAT and income tax has prescribed; and 3.) Whether the CTA EnContinue reading “CIR vs Philippine Daily Inquirer March 22, 2017, G.R. No. 213943”

BANCO DE ORO, ET AL VS Republic of the Philippines, et al G.R. No. 198756, August 16, 2016

FACTS The Bureau of Treasury (BTr) in a notice announced the auction of 10- year Zero-Coupon Bonds denominated as the Poverty Eradication and Alleviation Certificates or the PEACE Bonds on October 16, 2001, which the BTr states shall not be subject to 20% final withholding tax since the issue is limited to 19 buyers/lenders. AtContinue reading “BANCO DE ORO, ET AL VS Republic of the Philippines, et al G.R. No. 198756, August 16, 2016”