Cited Laws
TL;DR — Ruling
WHEREFORE, premises considered, the instant Petition for Review is hereby PARTIALLY GRANTED. Accordingly, respondent is hereby ORDERED TO REFUND in favor of petitioner the reduced amount of P1,237,646.43, representing the 20% final income tax withheld and remitted by JP Morgan Chase bank on petitioner's interest income; while the remaining claim of P510,223.16 and US$65,877.
WHEREFORE, premises considered, the instant Petition for Review is hereby PARTIALLY GRANTED. Accordingly, respondent is hereby ORDERED TO REFUND in favor of petitioner the reduced amount of P1,237,646.43, representing the 20% final income tax withheld and remitted by JP Morgan Chase bank on petitioner's interest income; while the remaining claim of P510,223.16 and US$65,877.07, representing the final income tax withheld by China Banking Corporation, Philippine Bank of Communication[s], and Standard Chartered Bank are hereby DENIED due to insufficiency of evidence. SO ORDERED.
G.R. No. 180066 - COMMISSIONER OF INTERNAL REVENUE, VS. PHILIPPINE AIRLINES, INC.. D E C I S I O N - Supreme Court E-Library
G.R. No. 180066 -
CaseG.R. No. 195320 - BUREAU OF INTERNAL REVENUE, REPRESENTED BY THE COMMISSIONER OF INTERNAL REVENUE, VS. HON. ERNESTO D. ACOSTA, ET AL. OF THE SPECIAL FIRST DIVISION OF THE COURT OF TAX APPEALS AND CHEVRON PHILIPPINES, INC. (FORMERLY CALTEX PHILIPPINES, INC.).DECISION - Supreme Court E-Library
G.R. No. 195320 -
CaseG.R. No. 178788 - UNITED AIRLINES, INC., VS. COMMISSIONER OF INTERNAL REVENUE.D E C I S I O N - Supreme Court E-Library
G.R. No. 178788 -