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Jai Alai Corporation Of The Philippines Vs. Court Of Tax Appeals 106 Phil 345

JAI ALAI CORPORATION OF THE PHILIPPINES, petitioner, vs. COURT OF TAX APPEALS AND THE COLLECTOR OF INTERNAL REVENUE, respondent.

G.R. No. L-11175 | 1959-10-20

D E C I S I O N


LABRADOR, J.:

Appeal from a decision of the Court of Tax Appeals affirming an order of the respondent Collector of Internal Revenue requiring the petitioner to pay deficiency amusement taxes, including surcharges and real estate dealer's fixed tax, in the aggregate sum of P61,586.85.
Petitioner is a corporation organized under the laws of the Philippines, operating jai alai games (Pelota Basca) with betting in accordance with the provisions of Commonwealth Acts Nos. 485 and 601. It began operating sometime in 1940, and in accordance with said Acts the land on which the building is erected and the buildings thereon shall...