MAYBANK PHILIPPINES INC. (FORMERLY KNOWN AS REPUBLIC PLANTERS BANK/PNB-REPUBLIC BANK) v. COMMISSIONER OF INTERNAL REVENUE

REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY FIRST DIVISION MAYBANK PHILIPPINES, INC. C.T.A. CASE NO. 7341 (Formerly known as REPUBLIC Members: PLANTERS BANKIPNB-REPUBLIC BANK), Petitioner, -versus- ACOSTA, Chairman BAUTISTA, and CASANOVA, JJ. COMMISSIONER OF INTERNAL Promulgated: REVENUE, MAR 1 9 2008 i/D;?;Otrrn Respondent. ~� y:. - _-,..__ - - - - - X - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -~r.c;.. - X RESOLUTION On February 29, 2008, the court, upon motion of the petitioner' s "Manifestation and Motion" filed on February 14, 2008, GRANTED said motion there being no objection from respondent' s counsel. Petitioner availed of the One Time Abatement Program under Revenue Regulations No. 15-2006 upon payment of the basic tax amounting to P6,184,291.45 for the period 1982 - 1986. On April 12, 2007, the respondent through Mr. Romulo L. Aguila, Jr., OIC-Head Revenue Executive Assistant LTS-Regular Large Taxpayers, issued a Termination Letter in favor of the petitioner. WHEREFORE, the Petition for Review, posted on October 5, 2005, is hereby WITHDRAWN. This case is now considered CLOSED AND TERMINATED. SO ORDERED. (On official business on February 29, 2008) ERNESTO D. ACOSTA Presiding Justice j"' . AUT~T~ CAESAR A. CASANOVA Associate Justice Associate Justic