ICTSI LTD. - REGIONAL OPERATING HEADQUARTERS v. COMMISSIONER OF INTERNAL REVENUE

REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY Third Division ICTSI LTD.- REGIONAL CTA Case No. 10093 OPERATING HEADQUARTERS, Members: UY, Chairperson, Petitioner, RINGPIS-LIBAN, and MODESTO-SAN PEDRO,]]. -versus- Promulgated: COMMISSIONER OF INTERNAL REVENUE, Respondent. )(----------------------------------------------------------------------------------------------)( RESOLUTION On September 27, 2019, Petitioner filed an "Urgent Motion with Leave to Withdraw Petition for Review (filed by Petitioner ICTSI LTD. - Regional Operating Headquarters)", asking the Court for withdrawal/dismissal o f the present Petition in view of the issuance of a notice by Respondent reflecting the reduced deficiency income and withholding tax assessments and the subsequent settlement thereo f by P etitioner. On October 7, 2019, this Court ordered Respondent to ftle Comment on the motion. On October 17, 2019, Respondent filed his "Comment (To Petitioner's Urgent Motion to Withdraw Petition for Review filed on September 27, 2019)" stating that he interposes no objection to the motion and submits the same to the sound discretion o f the Court.

Page 2 of2 CTA Case No. 10093 ICTSI LTD.-REGIONAL OPERATING HEADQUARTERS v. CIR The documents attached to Petitioner's motion include the following: a) Notice for Informal Conference showing a reduced deficiency Income Tax amounting to 1'577,825.33, reduced deficiency Expanded Withholding Tax (EWT) amounting to 1'416,705.39, and a Compromise Penalty amounting to P9,000.00, for a Grand Total ofP1,003,630.72; b) Payment Forms for deficiency Income Tax, EWT and Compromise Penalty, all approved by Teresita Y. Lumayag, Revenue District Officer; and c) Bank Transaction Slips from Landbank of the Philippines showing payment by Petitioner of the amounts of 1'577,825.33 for its deficiency Income Tax, 1'416,705.39 for its deficiency EWT, and 1'9,000.00 for its Compromise Penalty. Considering that the attachments of Petitioner in its motion are all in order showing the full setdement of Petitioner's deficiency taxes for the subject period, and further considering that Respondent has no objection to the motion, Petitioner's motion is GRANTED. The Petition for Review ftled by Petitioner, docketed as CTA Case No. 10093 is hereby WITHDRAWN and this case is declared CLOSED AND TERMINATED. SO ORDERED. ERL~P.UY Associate Justice ~.~ -6~- MA. BELEN M. RINGPIS-LIBAN Associate Justice (On Leave) MARIA ROWENA MODESTO-SAN PEDRO Associate Justice