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Medicard Philippines vs. CIR

MEDICARD PHILIPPINES, INC. (MEDICARD), Petitioner, versus COMMISSIONER OF INTERNAL REVENUE, Respondent. Members: BAUTISTA, Chairperson; FABON-VICTORINO, and RINGPIS-LIBAN, JJ.

CTA Case No. 7948 | 2014-06-16

REPUBLIC OF THE PHILIPPINES 
COURT OF TAX APPEALS 
QUEZON CITY

THIRD DIVISION
 
 
DECISION

RINGPIS-LIBAN, J.

This is a Petition for Review filed by Medicard Philippines, Inc. (Medicard) seeking to reverse and set aside the Final Decision on Disputed Assessment  (FDDA) issued by the respondent Commissioner of Internal Revenue (CIR) finding petitioner liable for deficiency value-added tax (VAT) in the amount of P196,614,476.69 for Taxable Year 2006.

STATEMENT OF FACTS 

The following Statement of Facts is not disputed by the parties. Petitioner Medicard is a corporation duly organized and existing under and by virtue of...