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Unimasters Conglomeration Inc vs. Tacloban City Government

UNIMASTERS CONGLOMERATION INCORPORATED, PETITIONER, VS. TACLOBAN CITY GOVERNMENT, PRIVATIZATION AND MANAGEMENT OFFICE, PHILIPPINE TOURISM AUTHORITY, AND THE PROVINCE OF LEYTE, RESPONDENT.

G.R. No. 214195 | 2022-03-23

D E C I S I O N
 
LOPEZ, J., J.:
 
Before Us is a Petition for Review on Certiorari[1] dated September 26, 2014, under Rule 45 of the Rules of Court, seeking the reversal of the Decision[2] dated August 22, 2014 in CTA EB No. 901 rendered by the Court of Tax Appeals En Banc.
 
Facts
 
Leyte Park Hotel Inc. (LPHI) is a 61,322-square meter property that stands on Magsaysay Boulevard, Tacloban City and covered by Transfer Certificate of Title No. T-1883. It is co-owned by Assets Privatization Trust (APT), now Privatization and Management Office (PMO), the Province of Leyte, and the Philippine Tourism Authority...