Processing and Issuance of Tax Credit Certificate or Disbursement Voucher for Tax Refund in Compliance with a Writ of Execution Issued by the CTA

November 13, 2007 REVENUE MEMORANDUM CIRCULAR NO. 75-07 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 October, 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". ScCIaA 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. HcSaAD (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 OCTOBER, 2007 Name & Address of Case No. & Date TCC Voucher Taxpayer of Writ of No. Kind of Tax Year Involved Amount Covered (P) Execution 1. Philippine Computer 6864 2006-00000230 FWT Jan. 2002 5,205,131.23 Associates International, October 30, 2006 to Inc. 30/F Philam Life May-03 Tower, 8767 Paseo de Roxas Salcedo Village, Makati City 2. Philippine Phosphate 5282 2006-00000235 Excise Tax Sept. 1993 516,618.15 Fertilizer Corporation June 18, 2007 to 5/F High Rise Pacific Dec. 1994 Star Bldg., Gil Puyat cor. Makati Avenue, Makati City 3. Takenaka Corporation 6752 2006-00000238 Input VAT 3rd Qrt. 2001 42,536,763.34 Philippines Branch 18th May 9, 2007 Floor, Tower II The Enterprise Center Ayala Avenue, Makati City 4. Acesite (Phils) Hotel 5645 2006-00000237 EVAT Jan. 1996 30,054,148.64 Corporation UN Avenue August 3, 2007 to corner Maria Orosa Apr. 1997 Street, Ermita, Manila 5. SEAGATE TECHNOLOGY 5999 Input VAT Oct. 1, 1997 15,741,076.68 (PHILS.) New Cebu November 23, 2006 to Township One Special Dec. 31, 1997 Economic Zone Barangay Cantao-an, Naga, Cebu