The firm is representing the client in proceedings before the Philippines’ Court of Tax Appeals. Our role is to advocate for the cancellation of the assessment of alleged deficiency taxes (e.g., income tax, improperly accumulated earnings tax, value added tax, withholding taxes and documentary stamp tax).
To our knowledge, this is one of the biggest deficiency tax assessments (in terms of amount at least) litigated in Philippine courts in recent history.
In a judgment rendered recently, our appeal was granted and the deficiency tax assessment was cancelled in its entirety.
Partner Anthony Mark A. Gutierrez from the Tax Practice Group led the case.
