Back

Antam Pawnshop Corp. Vs. Commissioner of Internal Revenue

ANTAM PAWNSHOP CORPORATION, Petitioner, versus COMMISSIONER OF INTERNAL REVENUE, Respondent. CHAMBER OF PAWNBROKERS OF THE PHILIPPINES, INC., Petitioner-In-Intervention.

G.R. No. 167962 | 2008-09-19

D E C I S I O N


REYES, R.T., J.:

ARE pawn tickets subject to documentary stamp tax? We resolve the question in this petition for review on certiorari of the Decision[1] of the Court of Appeals (CA) subjecting pawn tickets issued by petitioner Antam Pawnshop Corporation (Antam) to documentary stamp tax (DST).[2]

Facts

Petitioner Antam is a duly organized corporation engaged in the pawnshop business. Respondent Commissioner of Internal Revenue (CIR) is the head of the Bureau of Internal Revenue (BIR) whose principal duty is to assess and collect internal revenue taxes.

On October 27, 1999, respondent issued Letter of Authority No. 1998...