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CIR vs. United International Pictures, AB

COMMISSIONER OF INTERNAL REVENUE, Petitioner, versus UNITED INTERNATIONAL PICTURES, AB, Respondent.

G.R. No. 169565 | 2009-01-21

R E S O L U T I O N


CORONA, J.:

On April 14, 1998, respondent United International Pictures, AB[1] filed a petition for review in the Court of Tax Appeals (CTA) (CTA Case No. 5618) asking for the refund of its excess income tax payments in 1996 amounting to P5,791,194.

While the said petition was pending, respondent filed an administrative claim for refund of its excess income tax payments in 1997 amounting to P4,578,574[2] in Revenue District Office No. 34 of the Bureau of Internal Revenue (BIR). Thus, as of June 23, 1998, respondent's claim for refund totaled P10,369,768.[3]

On October 1, 1999, the CTA rendered a decision in CTA Case No....