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Commissioner of Internal Revenue v. El Paso Philippines Energy Co., Inc.

C.T.A. EB Case No. 1125 (Resolution) • Court of Tax Appeals • Decisions • Jan 13, 2015

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EN BANC [C.T.A. EB CASE NO. 1125. January 13, 2015.] (C.T.A. Case No. 7997) COMMISSIONER OF INTERNAL REVENUE , petitioner , vs . EL PASO PHILIPPINES ENERGY COMPANY, INC. , respondent . RESOLUTION Before this Court is a "Motion for Reconsideration" filed by petitioner on December 3, 2014, praying that this Honorable Court reconsider and set aside its Decision dated November 11, 2014, and another one be rendered granting the Petition for Review filed on March 13, 2014 ordering respondent to pay deficiency income tax, final withholding tax, value-added tax, and compromise penalty in the amounts of P14,385,900.88, P6,850,981.93, P2,843,835.63, and P8,000.00, respectively, for calendar year 2005 plus 25% surcharge and 20% annual interest from February 14, 2009 until fully paid, pursuant to Sections 248 (A) and 249 (B) of the NIRC of 1997, as amended. Respondent is hereby ordered to file its Comment on petitioner's motion within a non-extendible period of ten (10) days from receipt hereof , after which, with or without said Comment, the instant motion will be submitted for resolution. SO ORDERED . ASTca E Roman G. del Rosario, P.J., Juanito C. Castaeda, Jr., Lovell R. Bautista, Erlinda P. Uy, Caesar A. Casanova, Esperanza R. Fabon-Victorino, Cielito N. Mindaro-Grulla, Amelia R. Cotangco-Manalastas and Ma. Belen M. Ringpis-Liban, JJ., concur.

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