He Amount Of Php18 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MANILA - The Court of Tax Appeals (CTA) has upheld its earlier ruling in favor of the operator of a popular fast food chain and granted a refund of PHP18.438 million. The CTA en banc affirmed the August 2020 decision of the Third Division, which canceled the deficiency assessment for 2009 against Jollibee Worldwide Pte. Ltd worth P18.48 million representing supposed erroneous collection. The sum includes PHP11.59 million in income taxes, withholding tax on compensation and expanded withholding tax, as well as PHP6.89 million in interests for 2009. "(T)he warrant of distraint and/or levy issued by the Commissioner of Internal Revenue (CIR) on March 18, 2015 is null and void. Likewise, the amount of PHP18,438,928 garnished by petitioner (Bureau of Internal Revenue) from Jollibee's bank account was not legally due to the government. Hence, the refund is in order," read the CTA ruling released Monday. The court said Jollibee was denied due process when the CIR did not follow ....

Third Division , Bureau Of Internal Revenue , Tax Appeals , Jollibee Worldwide , Internal Revenue , Manila The Court Of Tax Appeals Cta Has Upheld Its Earlier Ruling In Favor Operator Ofa Popular Fast Food Chain And Granteda Refund Php18 438 Million En Banc Affirmed August 2020 Decision Third Division , Hich Canceled The Deficiency Assessment For 2009 Against Jollibee Worldwide Pte Ltd Worth P18 48 Million Representing Supposed Erroneous Collection Sum Includes Php11 59 In Income Taxes , Ithholding Tax On Compensation And Expanded Withholding , S Well As Php6 89 Million In Interests For 2009 Quott He Warrant Of Distraint And Or Levy Issued By The Commissioner Internal Revenue Cir On March 18 , 015 Is Null And Void Likewise , He Amount Of Php18 , 928 Garnished By Petitioner Bureau Of Internal Revenue From Jollibee 39s Bank Account Was Not Legally Due To The Government Hence , He Refund Is In Order , Uot Read The Cta Ruling Released Monday Court Said Jollibee Was Denied Due Process When Cir Did Not Follow Mandated 15 Day Period To Allow Firm Respond Assessment Notice Decision Deemed Final And Unappealable Since Filed Its Appeal Out Of Time Pna ,