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Edison (BATAAN) Cogeneration Corp. vs. CIR

EDISON (BATAAN) COGENERATION CORPORATION, Petitioner, vs. COMMISSIONER OF INTERNAL REVENUE, Respondent. x----------------------------x G.R. No. 201668 REPUBLIC OF THE PIDLIPPINES, represented by the COMMISSIONER OF INTERNAL REVENUE, Petitioner, vs. EDISON (BATAAN) COGENERATION CORPORATION, Respondent. Present: SERENO,* CJ., LEONARDO-DE CASTRO,** PERALTA,*** DEL CASTILLO,**** and TIJAM,JJ.

G.R. No. 201665 | 2017-08-30

Republic of the Philippines
Supreme Court
Manila
 
FIRST DIVISION
 
DECISION
 
DEL CASTILLO, J.:
 
The findings and conclusions of the tax court are accorded great weight because of its expertise on the subject. 1
 
Before us are consolidated Petitions for Review on Certiorari2 under Rule 45 of the Rules of Court assailing the January 30, 2012 Decision3 and the April 17, 2012 Resolution4 of the Court of Tax Appeals (CTA) in CTA EB Case Nos. 766 and 769.
 
Factual Antecedents
 
On February 2, 2004, Edison (Bataan) Cogeneration Corporation [EBCC] received from the Commissioner of Internal Revenue (CIR) a...