BANCO DE ORO UNIVERSAL BANK v. COMMISSIONER OF INTERNAL REVENUE

REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY FIRST DIVISION BANCO DE ORO UNIVERSAL BANK, C.T.A. CASE NO. 7496 Petitioner, Members: -versus- ACOSTA, Chairman BAUTISTA, and CASANOVA, JJ. COMMISSIONER OF INTERNAL Promulgated: REVENUE, MAY 09 2008 ; /1.'~c o~ Respondent. ~- x------------- ------------ --------------- x RESOLUTION The court acting on petitioner' s "Manifestation" with attached "Motion to Dismiss" filed on April 18, 2008, hereby GRANTS the same considering the payment by petitioner of the total amount of P43,777,178.71 , representing 100% of the basic tax assessed under the Abatement Program (Revenue Regulations No. 15- 2006) and considering further the admission of respondent's counsel that respondent has issued the Termination Letter (Case No. TL-116-08-000009), dated April 8, 2008. WHEREFORE, the petition for review is hereby DISMISSED and this case is considered CLOSED AND TERMINATED. SO ORDERED. ON LEAVE ERNESTO D. ACOSTA Presiding Justice sociate Justice� CAESAR A. CASANOVA Associate Justice