CIR v Goodyear Philippines, Inc. G.R. No. 216130, 03 Aug 2016

Facts: On 15 October 2008, respondent filed an application for relief from double taxation before the International Tax Affairs division of the BIR to confirm that the redemption of respondent’s preferred shares owned by an American company was not subject to Philippine income tax. Nonetheless, respondent still withheld and remitted 15% final withholding tax (FWT)Continue reading “CIR v Goodyear Philippines, Inc. G.R. No. 216130, 03 Aug 2016”