Processing and Issuance of TCC or Disbursement Voucher

May 15, 2007 REVENUE MEMORANDUM CIRCULAR NO. 38-07 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 April, 2007, in compliance with the Writ of` Execution issued by the Court of Tax Appeals in favor of taxpayers, is/are listed in ANNEX "A". AcIaST 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, 2007 Name & Address of Taxpayer Case No. & Date of TCC Voucher Kind of Tax Year Amount Covered Writ of Execution No. Involved (P) 1 PHILAQUA CONSULTANTS, INC. 6675 2006-00000214 Creditable 2000 1,696,371.05 ACCRA Bldg., 122 Gamboa Street, July 3, 2006 Withholding Tax Legaspi Village, Makati City 2 ANNO DOMINI DRUG, INC. 6437 2006-00000206 Income Tax 1999 & 138,182.11 J. P. Rizal Street, Barangay 13, March 31, 2006 2000 Laoag, City, Ilocos Norte 3 ST. WILLIAM DRUG CORPORATION 6438 2006-00000215 Income 1999 & 519,424.36 Laoag City Commercial Complex, July 3, 2006 2000 F. R. Castro Avenue, Laoag City Ilocos Norte