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COMMISSIONER OF INTERNAL REVENUE, PETITIONER, VS. LA TONDEÑA DISTILLERS, INC. (LTDI [NOW GINEBRA SAN MIGUEL], RESPONDENT.

COMMISSIONER OF INTERNAL REVENUE, PETITIONER, VS. LA TONDEÑA DISTILLERS, INC. (LTDI [NOW GINEBRA SAN MIGUEL], RESPONDENT.

G.R. No. 175188 | 2015-07-15

SECOND DIVISION
 
D E C I S I O N

DEL CASTILLO, J.:

The transfer of real property to a surviving corporation pursuant to a merger is not subject to Documentary Stamp Tax (DST).[1]
 
This Petition for Review on Certiorari[2] under Rule 45 of the Rules of Court assails the September 26, 2006 Decision[3] and the October 31, 2006 Resolution[4] of the Court of Tax Appeals (CTA) in C.T.A. EB No. 178.
 
Factual Antecedents
 
On September 17, 2001, respondent La Tondena Distillers, Inc. entered into a Plan of Merger[5] with Sugarland Beverage Corporation (SBC), SMC Juice, Inc. (SMCJI), and Metro Bottled Water Corporation (MBWC).[6] As a...