CTA Case No. 5000 (Resolution)

H.EPU.BLIG OF THE ' P.HILIP.PINES COUin OF TAX �APPEALS QUEZON CI'l.'Y. J'I{OC'I'EH &. GAMBLE l'H.f Lll'P JNES, INC_ , Petitioner, - versus - COMM1 SSlONER OF lNT.EH.NJ\.L REVENUE, l'romuJ. ga t;e d~ x - - - -- - - - - --� -- -� ~e~p~n~e~t-~ - .~P_R-:1-fl- 19{)5---1\J Considering til e "l"l anife~::;tatio n and Notice of T<:iX Credit Ce:rti f i ca t. e" filed by peti t.i. o ner on l"lat�ch 1 6 . 1~l~J5 i nforming this court t.hat r12:1spow.ient Commie. sioner of Int.ernal Revenue has i se. u ed in favor of peti t.ioner a Tax Credit Cer ti fj cate ( SN 0004 22 l in th e a mo unt of P6 . 800,000.00 r e pr e s e nt'.ng overpaid wi thholcb ng tax on cash dividend for the years 19f) l and l f:1D 2 , rahi c h ta.K credit certif i ca te lG. ln effect. . a sat.i:::.factlon of the ,iudgment. re n dEn'ecl by this court in favor of pet :i. tioner O ll t�JRrch 10. 19:=15. t h e dispositive portio n of vJhich states as follows: "vlHEf<EFOPE. view of Rll Lhe Coregn i ng. respondent is here by ordered t,() t'efund or ir::.sue a tax credit certificate in t.he amount of si.x mi llion ej_~ht hun dred tho u sand ( PEi . 800 , 0(10. OI.J) pe�:::::os to l.he pet.i tioner repre:=:>enting the overpajd withholding tax on dividends remitted to it.s parent. company . Prclct e r 8{ Gamble Co ., U . S .A. :3(J ORDEHED. '' \ 237 \

RESOLUTION - CTA CASE NO. 5000 - 2- the court resolved to consider this case closed and terminated. SO ORDERED . 0~l{b~ ERNESTO D. ACOSTA Presiding Judge 1o: �.~-~ Associate 1~:1 ~u GRUBA Associate Judge 23 8