Processing and Issuance of TCC or Disbursement Voucher

October 12, 2004 REVENUE MEMORANDUM CIRCULAR NO. 63-04 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 Supreme Court, Court of Appeals and 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 Disbursement Vouchers for tax refund issued for the month of September, 2004, in compliance with the Writ of Execution issued by the Supreme Court, Court of Appeals and Court of Tax Appeals in favor of taxpayers, 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 those 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 issued by the Courts in favor of taxpayers. All internal revenue officials and employees are enjoined to give this Circular as wide a publicity as possible. (SGD.) MILAGROS V. REGALADO 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 SEPTEMBER 2004 Name & Address of Taxpayer Case No. & Date of Writ TCC Voucher Year Amount Covered of Execution No. Kind of Tax Involved (P) 1 ASIA INTERNET HOLDING CO., LTD 6208 024240 Overpaid withholding tax Period Sept. 2,911,840.50 Takebashi Yashuda Building July 9, 2004 on royalties 1998 to Sept. 8/F Kanda Nishiki-eho, Chiyoda-Ku 2000 Tokyo, 101 Japan 2 JULIANE BAIER as represented by 5514 2-2004 Erroneously paid income Calendar year 512,313.66 MARINA Q. GUZMAN (Atty.-in-Fact) July 20, 2004 taxes 1994 #73 Colt St., Rancho Estate Subdivision 1 Marikina City 3 PRYCE CORPORATION 6208 024240 Overpaid withholding tax Period Sept. 2,911,840.50 17TH Floor, Pryce Center July 9, 2004 on royalties 1998 to Sept. 1179 Chino Roces Avenue 2000 Makati City 4 TELECOMMUNICATIONS 6018 024249 Unutilized input VAT paid on First Quarter 864,452.17 TECHNOLOGIES PHILIPPINES, INC. May 21, 2004 capital goods locally of 1998 316 Telocom Plaza, Sen. Gil Puyat Avenue purchased Makati City