PHILIPPINE INTERNATIONAL AIR TERMINALS CO., INC. (PIATCO) v. COMMISSIONER OF INTERNAL REVENUE

REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY FIRST DIVISION PHILIPPINE INTERNATIONAL AIR TEMINAL CTA CASE NO. 8206 CO., INC. (PIATCO), Members: Petitioner, -versus- ACOSTA, Chairperson UY, and FABON-VICTORINO,J.J. COMMISSIONER OF INTERNAL REVENUE, ~~- B;1/!///J, Respondent. ProAtJGated: <' x - - - - - - - - - -- - - - - - - - - - - - - -- - - - - - - - - - - -- - - - - - -x RESOLUTION On July 12, 2012, the parties filed a Joint Manifestation with Motion as proposed in open court on June 26, 2012. During the hearing on the incident on Jul y 19, 2012, the parties confirmed that respondent issued a Cancellation Letter dated March 22, 2012, cancelling the Final Assessment Notices with Assessment Notice Demand No. F-051-LNTF-06-VAT-024 for deficiency VAT in the amount of P2,814,063 .80, and Assess ment Notice Demand No. F-051- LNTF-06-IT-024 for deficiency income tax in the amount of P4,008,404.85 , or a total deficiency tax assessment of P6,822,468.65 , including surcharge and interest for taxable year 2006. As prayed for by petitioner and without any objection from respondent, the instant Petition for Review is WITHDRAWN. Consequently, this case is considered CLOSED and TERMINATED. SO ORDERED. 0 ''E- .~..~ I,t_:_,,..A..... \:1 . ' ERNESTO D. ACOSTA Presiding Justice E~UY Asso � stice