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Visayas Geothermal Power Company Vs. Commissioner of Internal Revenue

VISAYAS GEOTHERMAL POWER COMPANY, Petitioner, vs. COMMISSIONER OF INTERNAL REVENUE, Respondent.

G.R. No. 197525 | 2014-06-04

THIRD DIVISION
 
DECISION
 
MENDOZA, J.:
Before the Court is a petition for review on certiorari under Rule 45 of the Rules of Court assailing the February 7, 2011 Decision 1 and the June 27, 2011 Resolution2 of the Court of Tax Appeals En Banc (CTA En Banc). in CTA EB Case Nos. 561 and 562, which reversed and set aside the April 17, 2009 Decision of the CT A Second Division in CTA Case No. 7559.
 
The Facts:
 
Petitioner Visayas Geothermal Power Company (VGPC) is a special limited partnership duly organized and existing under Philippine Laws with its principal office at Milagro, Ormoc City,...