Zenhashy's Place

COMMISSIONER OF INTERNAL REVENUE VS. KUDOS METAL CORPORATION G.R. No. 178087, May 05, 2010  Facts : 1. On April 15, 1999, Kudos  filed its Annual ITR for the taxable year 1998. 2. Pursuant to a Letter of Authority dated September 7, 1999, the BIR, served upon respondent three Notices of Presentation of Records.  3. Respondent failed to comply with these notices, hence, the BIR issued a Subpeona Duces Tecum dated September 21, 2006, receipt of which was acknowledged by respondent's President, Mr. Chan Ching Bio, in a letter dated October 20, 2000. 4. A review and audit of respondent's records then ensued. 5. On December 10, 2001, Nelia Pasco, respondent's accountant, executed a Waiver of the Defense of Prescription, which was notarized on January 22, 2002, received by the BIR Enforcement Service on January 31, 2002 and by the BIR Tax Fraud Division on February 4, 2002, and accepted by the Assistant Commissioner of the Enforcement Service, Percival T. Sal...

BANCO DE ORO, BANK OF COMMERCE, CHINA BANKING CORPORATION, METROPOLITAN BANK & TRUST COMPANY, PHILIPPINE BANK OF COMMUNICATIONS, PHILIPPINE NATIONAL BANK, PHILIPPINE VETERANS BANK AND PLANTERS DEVELOPMENT BANK, RIZAL COMMERCIAL BANKING CORPORATION (RCBC) AND RCBC CAPITAL CORPORATION (RCBC CAPITAL), CAUCUS OF DEVELOPMENT NGO NETWORKS (CODE-NGO) (Petitioner-Intervenor) vs REPUBLIC OF THE PHILIPPINES, THE COMMISSIONER OF INTERNAL REVENUE, BUREAU OF INTERNAL REVENUE, SECRETARY OF FINANCE, DEPARTMENT OF FINANCE, THE NATIONAL TREASURER AND BUREAU OF TREASURY G.R. No. 198756, January 13, 2015 LEONEN, J.: FACTS:           By letter dated March 23, 2011, the CODE-NGO with the assistance of its financial advisers, RCBC, RCBC Capital, Capex finance investment corporation (CAPEX) and Seed Capital Ventures, Inc., (SEED), requested and approval from the Department of Finance (DOF) for the issuance by the Bureau of Treasury (BTr) of 10- year ...