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Exxonmobil Petroleum and Chemical Holdings, Inc. vs. Commissioner of Internal Revenue

EXXONMOBIL PETROLEUM AND CHEMICAL HOLDINGS, INC. - PHILIPPINE BRANCH, Petitioner,vs.COMMISSIONER OF INTERNAL REVENUE, Respondent.

G.R. No. 180909 | 2011-01-19



SECOND DIVISION

D E C I S I O N


MENDOZA, J.:


This is a petition for review on certiorari under Rule 45 filed by petitioner Exxonmobil Petroleum and Chemical Holdings, Inc. - Philippine Branch (Exxon) to set aside the September 7, 2007 Decision1 of the Court of Tax Appeals En Banc (CTA-En Banc) in CTA E.B. No. 204, and its November 27, 2007 Resolution2 denying petitioner's motion for reconsideration.


THE FACTS


Petitioner Exxon is a foreign corporation duly organized and existing under the laws of the State of Delaware, United States of America.3 It is authorized to do business in the Philippines through its Philippine Branch, with principal...