CTA Case No. 3857 (Decision)

---- ---- ...... RI=PI If'! TC OF T F PHT JPP"( FS COURT OF TR X A PPEAL~ QUEZON CIT Y HEAVY EQUIPMENT RENTALS & CONSTRUCTION CO., INC., PPt i t i. on !H~ . - V �l t' <:; I t <; - C. T. A. CASE 0. 3 8 57 COMMISS IONER OF I NTERNAL REVENUE , Resoondent. x - - �- - ----- X DEc s :r. 0 N c'pr~:i .. <:1"1 2r:;c, r - ' :r�- .., ,-,~t; � t�innt�1'' F I� h ~ > f' ., 1 n \'' , n r:1 :: :1.. 1 1n r�~ ;�"' i i' ' i n r~ n Ill t=: -f: 2 . X ,.., 1-t t � 1 1"\ ' .. 1 ;::� .. ;-~ Pt Ut'"l ' '. .":~,. f) r� f �i r i ,. Y"l c " ;:;, ~~. r � n n 1�: , .. ,., c , , 1 (') I ',..., -:\ 01 _.., I l -~ ~ ��~ (J., t .''\X ~1 ~.rf\?.� ~~ 1;.-� (;(,_ � Tot;."\1 c '. I -, t. . , \{ -~ , ') I (.. i \ ' {:" �~ t"' i ( " / (" nl ,-. ;., "'; ,-. , .. f ~=' nulnm r"'l �t: .) end the? of / .I

DECISION - C.T.A. CASE NO. 3857 - 2- �-"' �.' ., � \ t I 1 1f1 r \ .., i ,.J i n ,.., n m '"' ~- ;."'1 �� ~ r., ~ 1 '�� ,., ~- ' 1'r'' n .. )�"' r; t'" n t=' ,. ~ 1. i v f' I y .. ,.,, , 1 �:1 ? r :, ,, of c::.h n wn tl t ' ,., ,., 1� r� ��r 1r l r 1' ~ r~f i r.ienrv I~ o . ~ '~~ Or111".>1 ' r c �"'o dcr � ~�i~ ;: Und~,..~; l [ ' no 0f ~". ~ 1 c!!~w1~c ~rD J �:�s: Pt. 011. 4,?0 . ()I) 2. 781 . 05~. fi7 a) qj~ t�">~ ;rk~ l Mini na ~f9.0"i7 . 0~ 02. 834, 187.5' hl '!TP I if'11;;n~n Dt�o i prt p ':131 . %5.68 p � 38t\ b77 . 0':' Trt-11 !. 40'1. ~7b. �7 13, 2fl3.1VI ;:. q~ � (;!'" !)0" ~rt inca ~ < n�~ nves i . atio~ T~)/ rnp thP"o'\n !..0(! e4f.. BE ! nrn~P t~N a!re~r v ~~sac~ed P. L..37~!~~~:-~~ f1?1i1T'!': P a11 i 1.1 l f'..lrl: 4,; i nt ~ �-~ ;t np1� .=~nnu~ r421. P~o�mt ~t.il r'11< n�r r'l11 Prtih1P f'~n l !n t nf � ~v rl"r ro t� ��p~ 11rn Pl 7 , ~P' . fll) 'I ". "i7R. Pr !I,'( i"h��r-t ro t� nnlf"l f4?'1. .>}'! ~ 1 so.0(J n v r~~~ro i~o , �� , o~� ~18 . <11 1, pc, r n�mt ~�1 1 1 ~ � IP .:>nrl rnlJprt i hlp I I 'ol' j n i t: c; nf NnvPmhPr fVI P F\nwhi r ""� o n Novembe t' 5, 1qFIO. t h e re -' po n d en 't i s c; 1w rl a n o t h , t' .::~ .; c; P s r; me n t , t h i s t i me f o r d e f i. c i en c y t a>< fat~ 1'T75 am o untinq -t o

J DECISION - C.T.A. CAS E NO . 3857 - 3- p;:::� � :J ~:.1�~r) .,,":l;l.t inr�� �t,, c-, i �J P n f i.ntn�..~pr.-1- -=1nc! s rJ1�~r ha~~ e as c-o mD ''� t; e d be 1 o ~>'I ~ G~oss recei uts o~r invest!~ tio P!Jt 6801 ~?.0. OQ p 4 0.407.50 :lt Ta ~ (i(l!' thPt'Pnn � 272! t 7l. B8 LPs~ : A!o unt naid P231.32~. 5f. p 138. 23'5. 62 Ta11 wi tl-thPlrl 40:846.32 ~4:55!1 .9Q D~t�c ie ncy ?~~cPnt ~ P taY p 172.794.52 ?St Surch~r u p f or l~t~ n~v�Pnt � M, )?O. I;? Tot. a! --�-� ___ l_O_!_ru_~!. ?Q. 141 I nt~rpc t f n~ ~ 1��?1 -77 tn 7-~ 1 -RO ~--� ?._~Jd19.~J~ 201. InterPst fr~~ !H.-80 t o 11 -24-80 otmt rlq o t ,01 -~ c~ r:> <; �~ trt p n p 1\ r - c� h 1�� 1 1: ,.., y 1 ;:::.. 1 �::.j Fl1 .. �r h �~ res on n r1 ,.~ n t; , i n 1"1 .i s d c�c J �, �i on. c at �' d June 4, t~ ev iev-.t. ,, lr.lhil e +: h f' oetjt:i.on wa s Dr> 1c.1i.n Cot.wt. the net :i t i onPt' . , i ~y,;:l} ( I ( of cnmpt��o mise cl~=el i.ncJu ent arcnr.r. n ~� s and d � c::.outed nnw ] a ft; with the followinq issue s. tn wjt: J. Whethel' nt~ not the OPt "i. t i o ne t' is liable fot~ P1. 375, 5E~9. 85 defic i e ncy inco 'me tax J 3r~o .I

=-' .... --- DECIS ION - C. T.A. CASE NO. 3 8 5 7 - 4- If. I''',..' 'l r f I) '; ~ l~,l ��ry ~3 .. l ., :.~() ;.,, I .-. " ?l Unrl er ill i na rF Proj e cts T ho 1 � I ,., �r 1n c !All I� h 1. t o t '17 '~. i n rnnn h of nin i. n coiT!nutina li'IP I 1n rf f> I'" t1 i 1. 1 'i, n [I c; ' not , mr>T I t; h .I y h�i. 'I :1 inn<; p ,O) f"' h 'f en~ tl p ..... .., (") �:rH1Pt-1-akino s a n d ITI ' t I I i r:d y t h 'o!'fl tJy I; h ,~ P <' ( 3) n t� hr� C';"\t; P o f Ri 0 Tuh .-=~ ,':\1') 1 1 l1v nr'P ( ' in 1- h n! ~, "TI ( t' .":'.jr.: (:':\ (ln t 111 q I�� f; r� .'.. I'P"'.nnnrlrr+-. his J- I� I o':\ J.. r'l ~ t i j P !1 r~ 1 ' .. �ir\ V"~f"'r'nrlni-ir� rJ i t s I I 1 � 1 t: i n p c; c; nf' r� pn�l: :=11 s o f Po ..l i. �~Jm ent ,,.,nrl i rw n "' P f o t'' 1 r:rl F. w;:.1 s s h n t~ t - h i 1 J e d i n t h f? a ma u t f the s.~ml? re~nnn t; he.> rl1?rl u ct e c1 f' n 111 �i nr�: n 'l1 f" .. P� -F., i 1 prf to .I

DECISION - C.T.A. CASE NO. 3957 - 5- 1�� (' e .., �' - � r' p n t r:' �� ,. I n n + n "'"" r.; r.:> p t; P v ' :-1 r> n ,.., .- t; n c � � n n n ~- t h i c; r (". ��1 ' "' ,:') Tl r-1 n ('1 l \ ) 'T1 �:'1 ,.., c�. IT' �? ''1 �i. P. c.: t i'.:\ t ; f) q +; h ':'\ +� h p ,,, �i. 1 1!-=i<:>Pr:l on th? nlP;Fi;nrJs c-�thmit t ed hv �"''fld P V i dr-nr�r:> hv the 1"11'1 i I .. innr>t�.1 f' �inrlc; t h �-,1: nr�li t-in l'lPI��� ~,;�llr.>cl 1"'('1\''t'Pr't l y I! in T��.h,.., n1�" IPt"l� c n ~, r 1 I ,, t P d p1 �� 'i. n t" to ;"�I, 1 " ,". ft :��: . t !� �P t'' "' '''A n. n n 1 ,._'/f. in fa v en" of the pP.titioner i n t��n"' n has " >< ... 1_ II nn. r.:: '�' 1 � '� h ,.., t'' mo t' e � ;:~r t: ion ,.., ' ~' t o d e 1 a v ( r: i v i. 1 C."'. s P 1\1 o � 1 05 7 ;:;:: 3 ) wi t h t t�1 e t h e n C1J 1.11� -!,; of Fit'" t Inst .::mce of M .. n i 1 a aqe>.i nst the "Th ."" �": dPf'ond;=mt (oetit in net" in this ("' �""' e ) � t rn�� n q n h ; t. c; n wn f';.11( li~ M n cl I 0 r t t n P 1'1 1 t> r 1~ l { X ).( f' :3. i. ] P d 0 C' 0 ITI n J V W i t h i c; " ,., r t ,.., I'' t. ;.\1! ; n ,., " t o f i. n i .:; h ;~ n d ,.~ o m 1 e t e t h e � � �nt'~' nn r�,,.-, hnf'ql�'f' ,L:.n"-;'H'V l 1 . g7f.') " . in 33lJ .I

DECI S ION C.T.A. CASE NO. 3857 - 6- +. 1 �: i c) !1 .-, 1�: �t- f' i r� i c. l1 n r! ."< n d �-� n m r::l I <> �t- p r1 �1- 1�1 p 1 ""j , c� n n c. t ,.� ��,... t i n n >< ){ >< n n J v n 'l (.:'! 1.\ n 11 c; t l '3 7 c )( )' )' . " I,. I j t h :~ n !' I T() hnt�I"''�.IP ��" P V j ( IPTH~ �> ftW' t: h .~\t r� !' I; i ,.. : ,, n ,~ ,. . thf' c; �11' n n t '' t i n n fnv� t;ht:� Pi'\V111 Pn 1: nf nf c: '' r:, <:.)" r n f ~ pc�<w�clr.: l . t�� ,.. n � 1 l ,,., ,., �l y �J�; ir"�t1 th"'! h i l l i n q ot� .=t f'r.'r1t-"\l m t:hod of ,., r�� c� u ''' n 1 �i ~:; h r.> <i d '�'' ' j n o t h ~� n P ,., i. o r l f t '' 1 m l 976. In the> a b sence of any r.:n�oof thi'lt th e r e w~s no work acc omplished durinq the sa i d ..! r; ;::o.,c:.s ps::;mF�nt Rnhol 'J GS ) � 'I T ,.-.F\ n s D i' ,.� r. ""t i o n Co �� 1(17 f"h j 1., b >. .___.J~e n t_ aL f::xp e ns e s r:� pt; it; i on r.~r�� contends '1-;h:'l.t <;:.tTl of cli.sallnl-'JPd n"''vm . n t f t " 'r'' Pntal ac�t u al 1 Tl CI.l t'r~?d by n P �1- �i '1: �i n n P. l"' f n Y' t h R l P ;:~ s P. o f �"' n �1 i n me n t '-' s e cl i n i t s n n P , ��--. i . i n n c; .. In J.p�l-:te t' of NovPm b er 33 i

DECISION - C. T. A. CASE NO . 3 85 7 - 7- �1 �:)nr 1 PT\11 rn f.'.q�;:\ t Pel L ht.". I "'t n tA.I ir�q P>�r-,.,,-,,.,c; ,":\'. �'Pdurtih l P itPm -; f'p.-� '�Pinn n ~~riin.�v� v Anrl l-\,'"1 co 'TI F i 11 ,�n c P ! (li"J.l('\ ''It j . T) c~1, no?. 4nn . on IYI ,, ,I<at i. !__ p <\ '=� i. r� n ,-=t d Fi nancP. / :=�, '! t~. 1r ~ � 9 .3 r~ n t' n n t ..�A l�� .; n n . ~~_._.:~on_ ~~!...=,_.r:_,7_ �r�ota l paid Th p l'-" o - ' , ,., n rl r:. n -:~ ~'I I 1 P rl �!- h rl t: nndltr� nT' (-:_ i nrntn!!� m,-:- f.. ~: P .,.-. c; fln 1 �.1 wh i. ch are P)'l''~',.''��' .l y Pl ',.lv i r: p r�:l fnt' hv I'''�' t; ~~ Pi I' riP r' � r- f j h �i 1 �j L y ,... 1 l f I I f"" t�l r:�vnr.-n~ p c; ,, 'T] ' '� r; , h (? 3) n n r�' t":\ t-;. c-1,-. ,.~ y ., t ' ) n ;'\ i d n \"' i n r� 1tl"' ' .... o ri ,; 1 t �"' i n n n n I; I � r> t; Y' ,'-\ rJ ,., o ~-� b 1.1 r:-, i n e s ~; o f t h r> t� ,., v n ~< v P t �� � ., r"ttnr�n t �� �l- pd hy l 'PI..'OI'r-ir.; n r r1p)�'+;1. n nnt 1"1�..1nP >" �~ T n! Pl"n,~, I r """\ '.,.1 '"' "''l I I,' n t.hP Ph.i 1 nni nP <; flr��1nf.�~l�p d .l r:;1 h nr-1 ., ~7(:', ,.... r ,;-:> > I h n ., d �:; t: h r-d: "'�. '"' r 1 � ' ~ v� n mt:J n +� t:: r ..1,, f i P rl I I r 1: i h i 'I �i J- V nf its t~~:- nta l e >I f) P n �; P. r.; � 30 <a) ( 1 ) of Com mo nwenl+. ' Art. Nn . n ~ r t i c r t l a t'' 1 v known CIS th<> ~- r at i onal " S ,., r� .. 3 ,-~. [ 1e d u ,.., t .i " " F r' n m s 01 '(J ~- th f?rP 1 n r� o mP � T n r. o ITI o 1.1 t i n n n P 1: �i n I:' o mp s h F\ l J h"' ;,~ 1. l n '�"-~ P d ,':\ <:; r-1P cl ru~ t� i n n

DECI S ION - C.T.A. CASE NO. 3857 - a- (1) 1" n f]P TJP ~- ,"?.{ n 1 .'. P T"� cf Tl P. r.' r> r <'" .=:\ t" V P }' [) P T1 <; P 5 [1 i?\ .; r-J ':' l ., j P C' I .I t ' t ' f.' rl i n r�� ;1 \�" r�� \J �i n f1 n n ,.,,., ,, ~- ,..:~r�lp n>�' h11r.;j,nps�:; , i.nr.1u dino F~ ,.., " "' " ,., n ,.,, h 1 P �"' 1 1 n '"I~ n r� c� f' n �' ~! H >1 r"� P n t a l 0 t' o ~ h e r' n a v rn ~? T' +; s r�� r> q " � i. r' e d ,_ n b G m'"" d e a s �"'~ r�0nrli t:inn tn ':he cnntlrll.tPrl 1.1se ot� nnc;r.;Pr.; �;�inn 7 Fn1� +� h.., n�lt�� nnc.Pc. nf -1-hP t : t�arl'-' fl>" businn��. c. .. of r:Jronr:>t�t v tn whir h thP I; �"' H !"l a y ~' r�� h �"'~ c, n o t t .:> k e n o J�' i s . n n t t ;:'\1-ci. n g t: i �,. �1. ~~-�-� rJ ,, -~~h :i cl")___ __tl_!~-----�J!J2 s .... n .<J.._____!Lq_�-\i.t.Y.� " tU ndersrn rtnn s uppli ed ) i. n qq. e;1: ;nn t�� P m;:, i T1 c w i t h t h P. l p s c, o t ' r.; rl �l r� l n n 1~ h P P n +- -i t� P ~-, F> r i r1 r1 of the i t h ."'s thP. obl io at.'o n to r.>><n;,.��;:~l~ inn n f' t 1..,P lp .~.,s p net �iod ( F}Ih i h i t s ' "D", "E"', F 11 11 "! 11 ,';1 n ri c.� � 1 h '" '"' r� I<:i n ct s ,) � .J � 11 TF +:he 1-pr�m r:; o :f �"~ r�nrd:t�arf: are ,. � 1 ,, ;n� <'1 n ci l P v ."\ P. nn r::l n �1 h t 11. o n n t he i. n I; P n t :i q n n f t. !�1 "' !"' n T'l �I�; ,.� ,, c t j n n o Co\ t~ t :i. P s � t: h P b I �i 1.. P l �' ,':) 1 IYI r.> ~Hl i 1'1 "1 f i t S S t �i. [J l_l '1 i:\ t :i 0 n S h �':'\ 1. l ,... nn+: l�'' f) 1 .. " To t�' eRd snmpt'hinf:1 into .,, contt�act other than it: hq t ma kinn An .:>ltooeth et� ne-<~ con�tt~ act for, th e p;:n�t j f~c: <The f:\,;~co 1 od Mm~cia Mi.J.l i ng Co . , Tnr-�. \1 s . BAnco Nacion~l Fil ini n n. 74 Phil ~7 5) 330

DECISION - C.T.A. CASE NO. 3857 - 9- G:! ......Cont.ractor' s . Tax .C-',. P;;sc�.IA. n nt c; ,,h j ect to Tax J w : ( F h l ~ ( i ~, i t J II II ) f ;,, �:; 0 0 ~; 1. R!!cPi +.~ fr o'!! Marind uoue Min"no and lnd u stri~l ron1oration. a BO! rc i�t~>rPd oi onppr PntPrnr i cP unrlPr P.A. 5186 ?4,007,872.00 ?. Rec, i ot~ alr�~dv sub jected to 3~ ~ o nt r act o r ' s tax: al Rio T ~~ a - oav1 ent of l OJ( r e~en ti on � P~OO. 000. 00 b) PJ�� ic!Jl h ra! Investors, he. - IHYRPnt Of 1(11( re~ ent ion 404, fl4?..40 .) ''"'' Adi us t~en t to correct orevions i 1 inos : al� Aor ic�J1bral Invest ors Tnr. p 62,814. 17 bl R"oTuba 15. 590.00 . 7, 040.00 85,444,1 7 4. RPrl? i o~ fro !'I Mfl.- agr i r. t~l hw i'll cPr vi r p<; : al P~ t�i rl.ll 1.11'a Invl!stor. � 1 [ nr, - refur~ of ves~e l P~nenGPS p '3 .003.92 bl Phi 1i ooi nP Grot~el' 2.!. __?�~~9! .29 ___ u~~..J3.1? l nr. - refurd of trans- oortat�on !�oe ses Tot al P4, ~ 11, G9J!. 69 ~ ~~~3~0: ~-� **P l38, 235. 62 OPt' BIR assess1ent ~i.nce t�e s oond ent failed tn ewe sent n o c n �1t "' s e b u t !; r:1 mn rl j f y t' r-> ~ o o n c1 P n t ' s t��u J. j n 1.1 � 30~ .

DECISION - C.T.A. CASE NO. 3857 - 10 - "(') t �nrd, :�H�� t: n ,�� ' r: t. .'l\( ,. f t tn �r'"' r H ~� t'P nt pf rn�n r:r; ~' Pr'piq t;r ic- t,r>~'PhV imnn.;pd n n >< >< >< ( h ) u c; �. n e .s r; 8 1:1 , P t .-; < nd nt h er i nriPr>P TlriPn�l; ,~ nn�t:~'�"~~"''t:nrc:-, I{ \Ill PHr"Pnt n~�� r~ <:;�; l ' F> t�: p_t o t- '"' --�~,f.... ..9t:.__.fJ"o .m_ . _ �~.... n ion Per i nd ust rv .) t ' e rt i s t .., t�� r- d 1--d t h . t; he B th? t'rl o f In v P c; t m!? n �t. 1mrl~t' t h P r:wovisi nne; of .. Hnn11bJ i<; .,_.n r t N 11mhPt'P rl Fi vp Thoqc;~nr.l Clnp Hun d rPcj . a nd ic; a BDI t'eni.st et'Pd oionP.et�� entet'O rise undet" RA 5 t8E. An Act; Pr�esct�ibintl Jn cl:?nti vt? and Gu at�ant e e s 1-:n TnvPc; tmr-> nt~� in i: hf'? Ph i lioni. nc:>c;. RPc tio r 2 of the said Act o r nvices: '' .nr>r J,-q 1'.-"1 f' inn oF Pcll i r 1'. T CJ acce ] P. J' ,"�te thP sound devP l '1r1mPnt of th E' n -< l: )nn-"'1 Pr,nnqmv i. n cn nsn a rp wit.h . h e nrinrinlpc; an rl nhiPcti ves nf economic n .~, t � o n r:d i s m. R n d in p 1.1 r s 1� an c e of a nla nne~ . Prcnnnmir~lly fR~sih P ~nd flt' i'lr.t ic:<"'hl n r:fj c;nPt'c;~J of i nrlqc;t.t�i pc;. 11n d P t' ,-. n n ri i �~� i n n s wh i c w i 1 1 e n c o u t' a ~ P. c: n mn f' '\; i I" i ,., n ,.., n d rl i. c; r. n t.H' ~ n P m11 n n n n J �i P c; , i t �i e hp~�, ..,hv r1 Pr' 1."--r'P d to be ti-1P nolir.y of I1 �; +; "'~- " +� n en'-' o '�' t' '"' Cl e f � i 1 i. p i n o and 'P f'r~� p�nn in�e ,; lit'lents. 0<:; Pt�<?�n;:~ftrt' r.; f::d; n 11 ~. � i n n ~�� n i ",., I. r.. I� n rl P '1 P 1 no PI f1 t ' j r 11 1. t ' n�� =- 1 , '" i n i n n �q .f I 1n ,.., n � 1 r .=u ' I. 11 ,. ' i n n �1 n rl 11 .,. ~ y i �' <; J h i. r� h inr��,�p,., ... ,.., p,-, l i nr-. .'\ 1 �irH : fl'Tif' !"1)~; . At thr> "'F~S I.. r"nr+. , inr��~�� r>.:-\SP P<n'1l " i�� <; .. h1� in11 .~bol.lt I H' r.>~t.P t' nr�nnnrni.c: l r.;tnhi.lj tv. nt�ovi.dP mOl''"? r~r�lnot�tt�nit-'r--c; fnt' r>mnloym~ nt t'"\lSf.> t h . r.; I; fl n d i'-lt' r.l "' n f 1 i v i n n o f t; h P n p n n 1 p , ~ n r1 I> l . 11 V i fi P f ("))�'' i'l r) P !111 i t; .:I 'I I"' rl i c; t t' i h II 'l 0 n 0 'f WP �"- J. t h. " To f ul J. v set' v ~ the put' Do e of the sa � d Ac t , not be held �f o r r. n n t 1... �"~ c t o 1' ' . s t a >< n u t ' s u a n t t o S e c. 1 9 <16) of the f\l ,;.~t:i nn 1 IntPJ�'nr~l Revenue Codt~. a~; me nrlecl . 30. 0- �. I

DECIS I ON - C.T.A. CASE NO. 3857 - 11 - no t; J i. "1b 1 e for r-. n T\ '- t � ., r � }� 1 ~~ 1 r. n �- t; � ,.... (:J c; P of11.nrl of eyqo nse s does not c n 11 e t i I� �.l t e t ' P r�� ~� j rJ�!- <; c; U b i P r. t t fl I' n n . t'""' r o t ' ' I; t. ~ X h l.l t can be !�)ti'i\ t utes J.pvyi n n taxes or d�tti. P~ At'P -t:n hp r~ rnv; I t ' 11 e d s t 1' n n n l v a q a i n r. t t h e G o v ern mp n t .=t n rl i n f<1vrn' of t ,hr-- r., uhjectc; Ot' citi;:::Pns, becc-\use burdet s .:-:we nr.d; i mnnr~l?d or' r:we~, umerl t _ be imooserl beyond c; t ~ t tI_\ o r, P. XDrPssly e.nd clearly declar e RevPn� .te v s . Court of A o pG~ls, 204 SCRA 1 82 ) . This Court however finds thi'i\t rPceiots already nPt' CPnt l'Pt~""ntion anc:l ad j�. s t ll' Pnt to finrltnos m ~rln hv thn r~sn0ndent . Re soonrl pnt: . i n <;:I!TIOUnt dP.f i riPnc y cont rac tor ' s t ax, used th e fol l ow ing comn �.ttati on : I Acco unts receivable - beginriing P 1, 608, 252.00 r Add: IncoMe <net of 3~ Tax> 14, 668, 135. 00 3~ Tax oa ya ble <total credits> Tot al amount collectible -�--�-� 2~4.,.~~6" 00 Le ss : Accounts rec eivable - end P16, 541,333.00 Gro s s Recei pts oer inve stiaation - - ?_, .6.81 083. QQ zso.oo��� P1 3 680 -. ___;.,s_':'_ � �----;~--:-;-- f� ***~hnul d be P13, 860 250. 00 I .t

DECISION - C.T.A. CASE NO. 3857 - 12 - 1\ �� ,,. �' m i 11 n I; 11 .-�, 1:: n "=' t i +: 1. n n "" \�' :::. 1 ' � r� �1 rl.., t1 "'�rl o a i ti o ,~ - I '� n ~M rt r "'\ ,.. n '(' , Ci. t ax . n t 11 n "" b s P TF � c' n f <'n l y rn �� n r) f t; o t t- P r o n t t' fH" v � h r1 d f j nd i_ nn~; . ln the rr1 an n P t'� Pel i�.t. <:tm e n t tn n r Pviou ~ h i l l i nos ~o rm~ oa r t of the P nclinc halance (} f c ('' p t j t i 0 n p l'' ' r.; s t .:< ('"'C (1 l..ll t ' e e i v i-\ b l f~ i f n n r f..' c e i 0 t s t�JPl ' e cnJJ.e r �terl tiu 1��jnq the ve ,::~ 1�~ . Th11s. t h e o1�' os s 't;q rn ntr�' ,"''C' t D t'" s t a>< ,-, ( I i � ' ��: >- mr- n t n o !:: v r> t ,-. n l :1 "' ~-� t P c .. ; 1<:; fnl] n !.'J C. ~ 'I p 53 . 1.11+ . 00 De f i c 'encv I nco me Tax . 3F,g_, O::j7. or1 PL� ;:: ~ : 1_q1. no ~� 'r:: ~ j nc one r.H.., , .. l"'P ~ �n �n t.:\ rlrl � Llndf.'t-bi ll i n n - ~,r rr: P 1"37. 7 5E.El5 ..13 1 28 3. OQ Lihman an Pt''1iect Net i nrom e P 124, 4P. 3. El5 T ,q v r.r.lp I nc n rnP tax alr earlv ~ ~ �P s se d Ad d: 14'1. int et� es t pe t' anm1m Amo� �nt still due and coll Pct ib le 33 � .I

.) DECISION - C.T.A. CASE NO. 3857 - 13 - 1 '11. Q.:~ pn tin 40 ' ti04,PJ� ;~�. Prl i1.1'"t l"f' T't t n r-r � ��,��nr�� . F\5~ l 6-4. l 7 "''"' 'l i. o 1.1s l-J i l 1 i n n' ~4go, ;:;:�BG. '=.7 Q 14. 708 .60 2~' Co '~ t ~ 2. ct o, M, Ci t ;1 H ~,;77, 15 ;::05 "/. S lll ' rh Mr n <> f rH- l~ t P p 18. 385.75 n ~ vment '3 , 1)85. 5'3 1 L, ~' - T n.._ P �pst: f~�nm i -? ~ -� 77 _..._ 1! l f. 1. 0 7_ +n 7 -� 1 1-f\ fl :'.:?E~_::l:~ ~ . 20~ J~ t r e s t fr p~ 8 - -Bl +; p 11-24 -80 WHEREFORE, IN VI EW OF THE FOREGOING., ne t itinnPr is hPrPby nrrlP r Prl � t n DAY the amounts o f P176 , 7 5 7 . 07 f rn~ rlef ir.ienc y i n c ome t~x and P 2 A ,~~~. 41 for rlPfi~ i en r y c o n t ract or's t~x or a to tC'I. l o f P ? (l"'i ; ,,nn _I+R ; w ' th a drl i ti o n a l in te t~ e s t in c as e 11 f con t t~.=~ c t or' s tax from Nove mb e r 25, 1980 until it is p ai d. SO ORDE RED. ., r.tue.,.on C it v . MP tt' O MAnil a, � m�i l 1, 1'393 . WE CONCUR1 Rt:-: ~�/�vu!~A A s o i a te J 'll~:� / I j ~~Q. ~ ERNESTO D. ACOSTA Pt~esidino Judce ~ELK. GRUBA J urlne 33 u-,,

DECISION - C.T.A. CASE NO. 3857 - 1.4 - ERTIFICATIDN 1 hereby rPrt l. �f v this was rp.;~.cherl ~fter due r.onsult<"'tion amonq thP. members of the Court of TAx Ano~als in a ccordance with Section 13, Article VI II of the Constitution. ~ ~ ;;:;;:;- (Q.. ERNESTO D. ACOSTA Pl-'esidin�:1 Judge 8ourt of Tax Apoeals '� 'I 33 :J .I