Cargo transport company wins tax case vs BIR - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 68%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

THE Court of Tax Appeals granted the appeal of a cargo transportation company to set aside its deficiency taxes for the calendar year 2009. READ:

In a 33-page resolution dated March 14, the court ruled that the formal demand letter of the commissioner of the Bureau of Internal Revenue was void. The appellate court also directed the BIR to refrain from further action related to the collection of the said taxes.

The court said the appeal filed by the company was timely submitted, giving it jurisdiction to decide over the case. The revenue officers initially in charge of assessing the accounting books of the company were authorized by a letter of authority by a BIR regional director.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

World Court to rule in Ukraine case against Russia on March 16The International Court of Justice (ICJ) on Monday said it would rule in the case that Ukraine has brought against Russia on March 16, 2022.
Source: gmanews - 🏆 11. / 68 Read more »

Court slaps fine on Russian woman after on-air TV protestA Russian woman who denounced the war in Ukraine during a live news bulletin on state television was fined 30,000 roubles ($280) on Tuesday, a court said, after the Kremlin denounced her act of protest as "hooliganism".
Source: gmanews - 🏆 11. / 68 Read more »

PCGG: Tax cases vs Marcoses settled long ago - BusinessWorld OnlineTHE FAMILY of the late dictator Ferdinand E. Marcos still owes the government billions of pesos in estate and income taxes, according to the agency tasked to recover ill-gotten wealth of Mr. Marcos and his cronies, as it debunked a claim that the tax case was still under litigation.
Source: bworldph - 🏆 9. / 68 Read more »