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LG ELECTRONICS PHILIPPINES, INC., PETITIONER, VS. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

LG ELECTRONICS PHILIPPINES, INC., PETITIONER, VS. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

G.R. No. 165451 | 2014-12-03

SECOND DIVISION

D E C I S I O N

LEONEN, J.:
 
This case involves the determination of whether petitioner LG Electronics Philippines, Inc. is entitled to the immunities and privileges granted under Tax Amnesty Act of 1997.
 
This is a Petition for Review on Certiorari[1] assailing the Court of Tax Appeals’ Decision[2] dated May 11, 2004 and Resolution[3] dated September 22, 2004.
 
LG Electronics Philippines, Inc. (LG) is a corporation duly organized and existing under the laws of the Philippines.[4]
 
On March 21, 1998, LG received a formal assessment notice and demand letter from the Bureau of Internal Revenue.  LG...