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JurisprudenceG.R. No. 231581 -

G.R. No. 231581 - COMMISSIONER OF INTERNAL REVENUE, VS. UNIVATION MOTOR PHILIPPINES, INC. (FORMERLY NISSAN MOTOR PHILIPPINES, INC.).DECISION - Supreme Court E-Library

En Banc

Cited Laws

RA 1125,RA 8424,RA 1125RA 9282,
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TL;DR — Ruling

WHEREFORE , the instant Petition is DENIED . The December 22, 2016 Decision and the April 27, 2017 Resolution of the Court of Tax Appeals En Banc , respectively sustaining the findings of the CTA 1 st Division and denying petitioner CIR's Motion for Reconsideration, in CTA EB No. 1333, are AFFIRMED . Accordingly, the Commissioner of the Bureau of Internal Revenue is DIRECTED to issue a Tax Credit Certificate in favor of Univation Motor Philippines, Inc.

Decision

Ruling

WHEREFORE , the instant Petition is DENIED . The December 22, 2016 Decision and the April 27, 2017 Resolution of the Court of Tax Appeals En Banc , respectively sustaining the findings of the CTA 1 st Division and denying petitioner CIR's Motion for Reconsideration, in CTA EB No. 1333, are AFFIRMED . Accordingly, the Commissioner of the Bureau of Internal Revenue is DIRECTED to issue a Tax Credit Certificate in favor of Univation Motor Philippines, Inc. in the amount of P12,729,617.90 representing its unutilized or excess creditable withholding tax for the taxable year 2010. SO ORDERED.