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Tambunting Pawnshop, Inc. Vs. Commissioner of Internal Revenue

TAMBUNTING PAWNSHOP, INC., Petitioner, versus COMMISSIONER OF INTERNAL REVENUE, Respondent

G.R. No. 179085 | 2010-01-21

[1]

Petitioner protested the assessment.[2] As the protest merited no response, it filed a Petition for Review[3] with the Court of Tax Appeals (CTA) pursuant to Section 228 of the National Internal Revenue Code,[4] raising the following arguments:

A. Pawnshops are not subject to Value Added Tax pursuant to Section 108 of the National Internal Revenue Code.[5]

B. Petitioner properly withheld and remitted to the respondent the correct amount of expanded withholding tax for taxable year 1999.[6]

C. Petitioner has already paid the assessed amount of P14,398.38 [sic], representing deficiency withholding tax on compensation, thus,...