Processing and Issuance of Tax Credit Certificate or Disbursement Voucher for Tax Refund

May 14, 2008 REVENUE MEMORANDUM CIRCULAR NO. 039-08 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 April, 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". 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 APRIL, 2008 Name & Address of Taxpayer Case No. & Date TCC Voucher Kind of Year Amount of Writ of Execution No. Tax Involved Covered (P) 1 MARUBENI ENERGY SERVICES CORP. 6908 2006-00000248 Withholding Tax 2001 5,769,734.00 36/F Tower I, The Enterprise Center April 12, 2007 Ayala Avenue cor. Paseo De Roxas, Makati City 2 KEPHIL, INC. 7064 2006-00003201 Input VAT 3rd qrt of 2002 3,455,499.90 U2803 28/F Antel Global Corporate Center, May 9, 2007 to J. Vargas Avenue, Ortigas Center, 4th qrt of 2003 San Antonio, Pasig City 3 BAKUN POWER CORPORATION 6701 2006-000003203 Creditable 2002 1,066,467.18 6/F Legaspi Building, 110 Legaspi Street, January 15, 2008 Withholding Tax Legaspi Village, Makati City