BANK OF THE PHILIPPINE ISLANDS v. COMMISSIONER OF INTERNAL REVENUE

REPUBliC OF THE PHiliPPINES Coon of Tax Appeals QUEZON CITY SECOND DIVISION BANK OF THE PHILIPPINE ISLANDS, C.T.A. CASE NO. 7163 Petitioner, Members: -versus- CASTANEDA, JR, Chairperson UY, and PALANCA-ENRIQUEZ, JJ. COMMISSIONER OF INTERNAL Promulgated: REVENUE, Respondent. APR l 6 2009 X- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - X : . RESOLUTION This resolves petitioner's "Motion to Withdraw Petition" filed on February 16, 2009 praying for the withdrawal of the Petition for Review, and respondent's "Comment (Re: Petitioner's Motion to Withdraw Petition dated 12 February 2009)" filed on March 18, 2009. In petitioner's motion, it alleges that the present Petition for Review has become moot after its availment of Revenue Regulations No. 30-2002 and its Implementing Revenue Memorandum Order for the compromise settlement of deficiency Final Withholding Taxes for FCDU and RBU, Percentage Tax, Documentary Stamp Taxes and Value-Added Taxes for years 1998-2003; and Revenue Regulation No. 15-2006 for the administrative abatement of all penalties/surcharges and interests. J10

RESOLUTION C.T.A. CASE N0.7163 Page 2 of2 In respondent's Comment, he interposed no objection to the withdrawal of the Petition for Review without prejudice to the outcome of petitioner's application for abatement. WHEREFORE, premises considered, petitioner's "Motion to GRANTED Withdraw petition" is hereby and the petition is deemed WITHDRAWN. Accordingly, the above-captioned case is considered CLOSED and TERMINATED. SO ORDERED. Q4-tM'.t;C - <;).. ANITO C. CASTANEDA;9"R. Associate Justice ... �t'-rz OLGA PALANEZ Associate Justice 3il