来自MSN1 个月
The principle of non-retroactivity of tax rulings
To illustrate, in the case of CIR v. Meridien East Realty & Development Corporation (CTA EB Case 2287, July 14, 2022), the CIR issued BIR Ruling DA-245-05 confirms to the taxpayer that its ...
BusinessMirror6 天
BIR tasked to determine automobile tax treatment
THE Bureau of Internal Revenue (BIR) will now determine whether automobiles will be fully exempted or subject to excise tax reductions.  This was after Finance Secretary Ralph G. Recto signed Revenue ...
pna15 天
CTA grants PAL’s revival of judgment over P1.95-M tax refund claim
The Court of Tax Appeals (CTA) has granted a petition filed by Philippine Airlines Inc. (PAL) to revive a 2014 ruling for a ...
BusinessWorld8 天
BIR ordered to refund PAL
THE Court of Tax Appeals (CTA) granted Philippine Airlines’ (PAL) petition for revival of judgment, ordering the Bureau of Internal Revenue (BIR) to refund almost P2 million to the airline for its ...
BusinessWorld2 天
CTA partially grants MSD’s petition for VAT refund
THE COURT of Tax Appeals (CTA) has ordered the Bureau of Internal Revenue (BIR) to refund P14.59 million to the local branch of United States-based pharmaceutical company Merck Sharp & Dohme (MSD), ...