Processing and Issuance of TCC or Disbursement Voucher for Tax Refund in Compliance with CTA-Issued Writ of Execution

January 16, 2009 REVENUE MEMORANDUM CIRCULAR NO. 003-09 SUBJECT : Processing and Issuance of Tax Credit Certificate (TCC) or Disbursement Voucher for Tax Refund in Compliance with a Writ of Execution Issued by the Court of Tax Appeals TO : All Internal Revenue Officers Concerned Pursuant to Revenue Memorandum Circular No. 10-2001, notice is hereby given that Tax Credit Certificates (TCCs) and/or Disbursement Vouchers for tax refunds issued for the month of December, 2008, in compliance with the Writ of Execution issued by the Court of Tax Appeals in favor of taxpayers, is/are listed in ANNEX "A". DISHEA To ensure that no double refund/credit may take place, it is requested that necessary steps should be taken to verify whether the listed taxpayers have claims for refund/tax credit, involving the same kind of tax, amount and taxable year, still pending in offices with concurrent jurisdiction to process and issue TCCs and disbursement vouchers for tax refund in compliance with the Writ of Execution promulgated by the Courts in favor of a taxpayer. All internal revenue officials and employees are enjoined to give this Circular as wide a publicity as possible. (SGD.) JAMES H. ROLDAN Assistant Commissioner Legal Service ANNEX A TAX CREDIT CERTIFICATES AND DISBURSEMENT VOUCHERS FOR TAX REFUNDS ISSUED PURSUANT TO RMC 10-2001 FOR THE MONTH OF DECEMBER, 2008 Name & Address Case No. TCC Voucher Kind of Tax Year Amount of Taxpayer & Date of No. Involved Covered (P) Writ of Execution 1 ISUZU PHILIPPINES 6079 2006-00003221 Income Tax 1997 45,928,578.71 CORPORATION September 12, 2007 & CWT 114 Technology Avenue, Laguna Technopark Bian, Laguna TSacID 2 SUNLIFE ASSURANCE 6001 2006-00003220 Premium 4th qrt. 1997 320,590,792.08 COMPANY OF CANADA April 25, 2008 & DST 1st qrt. 1999 15F Tower 2, The Enterprise Center, Ayala Ave., cor. Paseo de Roxas, Makati City 3 CITYTRUST BANKING 4099 2006-000003224 Income Tax 1984 & 1985 13,314,506.14 CORPORATION May 7, 2007 Citytrust Bldg., 379 Sen. Gil J. Puyat Ave., Makati City SAHEIc