Court of Tax Appeals-CTA THE Court of Tax Appeals (CTA) approved a settlement between ABS-CBN Film Productions, Inc. and the Bureau of Internal Revenue (BIR) regarding the company’s P31-million tax deficiency for 2009.
In a 16-page decision issued on July 31, the CTA first division said both parties have complied with the requirements for the settlement.
The case before the CTA is now deemed “closed and terminated.”“The Judicial Compromise Agreement entered into by the parties is hereby approved and this Judgement on Compromise Agreement is hereby rendered in accordance therewith. The parties are hereby enjoined to faithfully comply with all the […]
Full Post at www.bworldonline.com