Processing and Issuance of TCC or Disbursement Voucher

January 11, 2007 REVENUE MEMORANDUM CIRCULAR NO. 04-07 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, 2006, in compliance with the Writ of Execution issued by the Court of Tax Appeals in favor of taxpayers, is/are listed in ANNEX "A". TCEaDI 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, 2006 Case No. & Date of Year Amount Covered Name & Address of Taxpayer Writ of Execution TCC Voucher No. Kind of Tax Involved (P) 1 Bank of the Philippine Islands 6050 2006-00000208 Overpaid Capital 1998 3,291,996.40 (Formerly Far East Bank and Trust Company) Gains Tax and BPI Bldg., Ayala Avenue corner Doc. Stamp Tax Paseo de Roxas, Legaspi Village, Makati City