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Philippine Long Distance Telephone Company, Inc. vs. City of Bacolod, et al.

PHILIPPINE LONG DISTANCE TELEPHONE COMPANY, INC., Petitioner, versus CITY OF BACOLOD, FLORENTINO T. GUANCO, in his capacity as the City Treasurer of Bacolod City, and ANTONIO G. LACZI, in his capacity as the City Legal Officer of Bacolod City, Respondents.

G.R. No. 149179 | 2005-07-15

THIRD DIVISION

D E C I S I O N 

GARCIA, J.: 

In this appeal by way of a petition for review on certiorari under Rule 45 of the Rules of Court, petitioner Philippine Long Distance Telephone Company (PLDT), seeks the reversal and setting aside of the July 23, 2001 decision[1] of the Regional Trial Court at Bacolod City, Branch 42, dismissing its petition in Civil Case No. 99-10786, an action to declare petitioner as exempt from the payment of franchise and business taxes sought to be imposed and collected by the respondent City of Bacolod. 

The material facts are not at all disputed: 

PLDT is a holder of a legislative...