Meliza Wepee News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MANILA - The Court of Tax Appeals (CTA) has ruled in favor of two companies challenging a total of PHP5 billion in tax assessments against them. The CTA en banc in the two separate cases ruled that the revenue officers (ROs) who recommended the assessment against Robinsons Convenience Stores Inc. and Watsons Personal Care Stores Inc. had not been appropriately authorized with valid letters of authority (LoA) at the time. A 13-page decision written by Associate Justice Catherine Manahan dated May 13 affirmed its earlier ruling of June 30, 2020 in favor of Robinsons Convenience Stores Inc. which had challenged a PHP3.5-billion tax assessment against it. The tax court ruling denied the commissioner of internal revenue's appeal, citing among others that the revenue officers (ROs) who recommended the issuance of the tax assessment against the company for tax years 2009 and 2010 were not the same ones given a letter of authority (LoA) to examine the company's books of accounts and ot ....

Justice Catherine Manahan , Maribel Serafica , Sheila Samaniego , Jennifer Almedilla , Reynoso Bravo , Wilfredo Reyes , Reynante Martinez , Rolando Balbido , Rosario Arriola , Marivic Bautista , Carolyn Mendoza , William Sundiam , Miguel Sulit , Meliza Wepee , Robinsons Convenience Stores Inc , Bureau Of Internal Revenue , Large Taxpayer Audit Division , Watsons Personal Care Stores Inc , Tax Appeals , Robinsons Convenience Stores , Watsons Personal Care Stores , Associate Justice Catherine Manahan , Internal Revenue , Regular Large Taxpayer Audit Division , Manila The Court Of Tax Appeals Cta Has Ruled In Favor Two Companies Challenginga Total Php5 Billion Assessments Against Them En Banc Separate Cases That Revenue Officers Ros Who Recommended Assessment Robinsons Convenience Stores Inc And Watsons Personal Care Had Not Been Appropriately Authorized With Valid Letters Authority Loa At Timea 13 Page Decision Written By Associate Justice Catherine Manahan Dated May Affirmed Its Earlier Ruling June 30 , 020 In Favor Of Robinsons Convenience Stores Inc Which Had Challengeda Php3 5 Billion Tax Assessment Against It The Court Ruling Denied Commissioner Internal Revenue 39s Appeal ,