Tax Credit Certificates or Disbursement Vouchers for Tax Refund Issued in Compliance with a Writ of Execution

August 7, 2008 REVENUE MEMORANDUM CIRCULAR NO. 054-08 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 July, 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. DTcASE (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 JULY, 2008 Case No. & Date of TCC Voucher Name & Address of Taxpayer Writ of Execution No. Kind of Tax Year Amount Involved Covered (P) 1 PILIPINAS SHELL PETROLEUM CORP. 6506 & 6559 2006-00003211 Excise Tax July, 2000 175,901,950.20 156 Shellhouse Bldg., Valero Street, July 26, 2007 to Salcedo Village, Makati City Dec. 2001 2 BPI FAMILY SAVINGS BANK, INC. 4694 2006-00003213 Creditable 112,491.00 109 Dela Rosa corner Paseo de Roxas March 30, 2001 Withholding Tax 1989 Makati City 3 SUMMIT STRAPPING CORPORATION 5751 2006-00000247 Input Tax January 1 4,377,102.26 (Formerly Sekisui Jushi Phils., Inc.) February 20, 2007 to Lot 11 Phase II Carmelray Industrial Park, June 30, 1997 Canlubang, Calamba, Laguna 4 BPI FAMILY SAVINGS BANK, INC. 5326 2006-00003212 Final Fourth 322,500.18 109 Dela Rosa cor. Paseo de Roxas April 20, 1998 Withholding Tax Qrt. 1993 Makati City