Tax court affirms Robinsons Land’s canceled tax worth P3.76M - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 68%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The Court of Tax Appeals (CTA) has affirmed its ruling that set aside Robinsons Land Corp.’s (RLC) tax liabilities worth P3.76 million including penalties and interests for the fiscal year 2009. READ:

CTA.JUDICIARY.GOV.PH/

The country’s revenue code mandates that a motion for reconsideration must be filed within 15 days to dispute a court ruling. Under the tax court’s rules, litigants must prove their compliance with the 15-day period mandated under the tax code before the tribunal can hear the appeal. The tribunal said the CIR did not comply with the tax code’s due process requirement when the official did not explain why RLC’s arguments to dispute the assessment were rejected.

 

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.

‘Revisit sin tax law to hike funds for health’ | Cai U. OrdinarioTHE national government should revisit the sin tax law to maximize the funds allocated to the health sector, according to a study released by the state think tank Philippine Institute of Development Studies (PIDS). In a discussion paper, PIDS research consultants Miharu Jay M. Kimwell, Frances Lois U. Ngo, Vicente…
Source: BusinessMirror - 🏆 19. / 59 Read more »