COMMISSIONER OF INTERNAL REVENUE v. TRANSNATIONAL PLANS, INC.

REPUBLIC OF TH E PHI LIPPIN ES COURT OF TAX APPEALS QUEZON CITY EN BANC COMMISSIONER OF INTERNAL CTA EB No. 1337 REVENUE, (CTA CASE No. 8291) Petitioner, -versus- TRANSNATIONAL PLANS, INC., CTA EB No. 1339 (CTA CASE No. 8291) Respondent. x---------------------------------x TRANSNATIONAL PLANS, INC., Petitioner, -versus- Present: DEL RO~SARIO, P.J, COMMISSIONER OF INTERNAL CASTANEDA, JR., REVENUE, Respondent. BAUTISTA, UY, CASANOVA, FABON-VICTORINO, MINDARO-GRULLA, and RINGPIS-LIBAN, JJ. Promulgated: MAR 2 7 2017 ~"'". x---------------------------------------------------- --------x DE CISION MINDARO- GRULLA, J.: Submitted for decision are Petitions for Review for the Court En Bane under Section 4(b), Rule 8 1 of the 2005 1 SEC. 4. Where to appeal; mode of appeal. - XXX XXX XXX <

CIR vs. Transnational Plans, Inc. Page 2 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Revised Rules of the Court of Tax Appeals (RRCTA), as amended, of the Decision dated February 20, 20152 and the Amended Decision dated July 13, 20153 rendered by the Second Division of this Court, the dispositive portions of which, respectively, read as follows: Decision dated February 20, 2015: "WHEREFORE, premises considered, the instant Petition for Review is hereby PARTIALLY GRANTED. The assessments covering taxable year 2006 for deficiency income tax in the amount of P2, 737,817.02 and compromise penalties in the amount of P132,000.00 shall be CANCELLED AND WITHDRAWN. However, the assessments for deficiency VAT, withholding tax on compensation, EWT and DST for the same taxable year shall be UPHELD WITH MODIFICATIONS. Accordingly, petitioner is ORDERED TO PAY respondent the amount of P12,170,268.00, inclusive of the twenty-five percent (25�/o) surcharge imposed under Section 248(A)(3) of the NIRC of 1997, computed as follows: Tax Type Basic Tax 25�/o Surcharge Total Value added tax P8,577,964.14 P2,144,491.04 P10,722,455.18 Withholding tax on compensation 803,789.33 200,947.33 1,004,736.66 Expanded withholding tax 59,693.82 14,923.46 74,617.28 Documentary stamp tax 294.767.10 73,691.78 368,458.88 Total P9,736,214.39 P2,434,053.61 P12, 170,268.00 (b) An appeal from a decision or resolution of the Court in Division on a motion for reconsideration or new trial shall be taken to the Court by petition for review as provided in Rule 43 of the Rules of Court. The Court en bane shall act on the appeal. XXX XXX XXX 2 Penned by Associate Justice Amelia R. Cotangco-Manalastas, concurred in by Associate Justice Juanita C. Castaneda, Jr. and Associate Justice Caesar A. Casanova, CTA En Bane No. 1337 Docket, pp. 34-97. 3 Id., pp. 98-120.

CIR vs. Transnational Plans, Inc. Page 3 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION (a) Deficiency interest at the rate of twenty percent (20�/o) per annum on the basic deficiency VAT, withholding tax on compensation, EWT and DST computed from the dates indicated below until full payment thereof pursuant to Section 249(8) of the NIRC of 1997, as amended; Tax Type Basic Tax Deficiency Interest Value-added tax Computed from P2,027,456.35 1st Quarter 2,472,369.26 25-Apr-06 2nd Quarter 1,998,169.38 25-Jul-06 3rd Quarter 2,079,969.15 25-0ct-06 4th Quarter 8,577,964.14 25-Jan-07 803,789.33 Withholding tax on compensation 59,693.82 15-Jan-07 Ex_Qanded withholding tax 294,767.10 15-Jan-07 Documentary stamp tax 05-Jan-07 (b) Delinquency interest at the rate of 20�/o per annum on the total amount of P12, 170,268.00 and on the 20�/o deficiency interest which have accrued as afore-stated in (a), computed from April 15, 2011 until full payment thereof pursuant to Section 249(C) of the NIRC of 1997, as amended. SO ORDERED." Amended Decision dated July 13, 2015: "WHEREFORE, premises considered, petitioner's Motion for Reconsideration [Re: Decision dated February 20, 2015] is hereby PARTIALLY GRANTED and the Court's Decision dated February 20, 2015 is MODIFIED. The cancellation and withdrawal of the assessments covering taxable year 2006 for deficiency income tax in the amount of P2,737,817.02 and compromise penalties in the amount of P132,000.00 is AFFIRMED. However, the assessments for deficiency VAT, WTC, EWT and DST for the same taxable year is UPHELD IN PART.

CIR vs. Transnational Plans, Inc. Page 4 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Accordingly, petitioner is ORDERED TO PAY respondent the amount of P6,341,131.48, inclusive of the twenty-five percent (25�/o) surcharge imposed under Section 248(A)(3) of the NIRC of 1997, computed as follows: Tax Type Basic Tax 250/o Surcharge Total Value-Added Tax p 4,078,138.53 p 1,019,534.63 p 5,097,673.16 Withholding Tax On Compensation 803,789.33 200,947.33 1,004,736.66 Expanded Withholding Tax 59,693.82 14,923.46 74,617.28 32,820.88 Documentary Stamp Tax 131,283.50 164,104.38 Total PS,072,905.18 P1,268,226.30 P6,341,131.48 In addition, petitioner is ORDERED TO PAY respondent the following: (a) Deficiency interest at the rate of twenty percent (20�/o) per annum on the basic deficiency VAT, WTC, EWT and DST computed from the dates indicated below until full payment thereof pursuant to Section 249(B) of the NIRC of 1997, as amended; Tax Type Basic Tax Deficiency Interest Value-Added Tax Computed from p 1,998,169.38 3rd Quarter 2,079,969.15 October 25, 2006 4th Quarter January 25, 2007 p 4,078,138.53 Withholding Tax On Compensation p 803,789.33 January 15, 2007 Expanded Withholding Tax January 15, 2007 Documentary_ Stamp Tax 59,693.82 January 5, 2007 137,183.50 (b) Delinquency interest at the rate of 20�/o per annum on the total amount of P6,341,131.48 and on the 20�/o deficiency interest which have accrued as afore-stated in (a), computed from April 15, 2011 until full payment thereof pursuant to Section 249(C) of the NIRC of 1997, as amended. Respondent's Motion for Partial Reconsideration (of the Decision Promulgated on 20 February 20 15) is DENIED for lack of merit.

CIR vs. Transnational Plans, Inc. Page 5 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION SO ORDERED." The facts of the case, as recited by the Second Division in its Decision,4 read as follows: "Petitioner Transnational Plans, Inc. (TPI) is a corporation duly organized and existing under and by virtue of the laws of the Republic of the Philippines, with office address at G/F Floor, Mary Bachrach Building, Port Area, City of Manila. Petitioner is principally engaged in the business as a pre-need company. Respondent is the Commissioner of the Bureau of Internal Revenue (BIR), duly appointed to exercise the powers and perform the duties of her office including, inter alia, the power to decide disputed assessments, refunds of internal revenue taxes, fees, other charges, and penalties imposed in relation thereto, or other matters arising under the Tax Code. She holds office at the BIR National Office Building, Agham Road, Diliman, Quezon City. XXX XXX XXX On August 12, 2009 petitioner received from the BIR a Preliminary Assessment Notice (PAN) dated August 3, 2009 indicating that the alleged deficiency taxes of petitioner is P20,539,755. 71. In response, petitioner filed its protest letter on August 27, 2009 with the BIR. Thereafter, on October 9, 2009, petitioner received from respondent a Final Assessment Notice (FAN) dated September 24, 2009 bearing a decrease in the purported deficiency taxes in the total amount of P17,465,022. 74.6 Petitioner then filed an administrative protest on November 9, 2009. 4 Supra note 2. <

CIR vs. Transnational Plans, Inc. Page 6 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION On April 15, 2011, petitioner received a Final Decision on Disputed Assessment (FDDA) dated April 11, 2011 from respondent. Based on the FDDA, respondent further decreased petitioner's alleged deficiency taxes to the total amount of P13,250,652.58. Said amount was broken down in the FDDA as follows: Income Tax Basic Penalties Total 1,493,348.57 1,244,468.45 2, 737,817.02 VAT 4,030,948.36 3,518,219.84 7,549,168.20 Withholding Tax - 1,087,446.00 967,380.70 2,054,826. 70 Compensation 162,923.88 293,435.63 157,189.83 320,113.71 Expanded 270,291.32 563,726.95 Withholding Tax TOTAL DST 25,000.00 Compromise P13,250,652.58 penalty On May 16, 2011, petitioner filed with this Court the instant Petition for Review, questioning the assessments made by respondent in the FDDA. XXX XXX XXX Petitioner mainly argues that respondent's assessments are erroneous. As to the alleged deficiency income, it claims that respondent failed to consider petitioner's net loss, including its Net Operating Loss Carry Over (NOLCO) which was never fully utilized to offset petitioner's loss during taxable year 2006 and also the Minimum Corporate Income Tax (MCIT) it paid. Respondent likewise failed to consider the input VAT of P375,966. 79 in arriving at petitioner's alleged deficiency VAT. She also failed to consider the ten percent (10�/o) VAT rate imposed on transactions prior to the implementation of the twelve percent (12�/o) VAT rate on February 1, 2006, and being a pre-need company, its trust fund contributions were equally subjected to VAT in violation of Section 4.108-3(j) of Revenue Regulations (RR) No. 16-2005. As to its alleged deficiency withholding taxes, petitioner insists that respondent erroneously considered other employee benefits as part of their <

CIR vs. Transnational Plans, Inc. Page 7 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION salaries and wages, which include retirement fund contribution, de minimis benefits, and seminar and training expenses. Lastly, petitioner claims that there is no unreported revenue amounting to P4,920,369.00 for which to base its DST. On the other hand, respondent avers that the instant Petition for Review is nothing but a mere scrap of paper since Ms. Ma. Veronica S. Lao Guice's authority to sign the Verification and Certification in behalf of petitioner was without authority. The Secretary's Certificate attached to the Petition for Review shows that it was executed and notarized before the meeting of the Board of Directors was actually held. However, should this Court entertain said petition despite its flaw, the petition must still fail since petitioner failed to submit all relevant documents within sixty (60) days from the filing of protest in accordance with Section 228 of the NIRC of 1997, in relation to RR No. 12-99. Conversely, petitioner replies that respondent's statement is inaccurate and misleading. Petitioner claims that the date of the meeting was just inadvertently typed. Nonetheless, there is a distinction between non-compliance and substantial compliance with the requirements of verification and nonforum shopping. Further, respondent is already estopped from raising as an issue the typographical error in the Secretary's Certificate since she only raised the alleged defect in her Memorandum." The Second Division ruled that the requirements for verification and certification have been substantially complied with as there was a reasonable explanation for the inadvertence in the Secretary's Certificate and to deny the Petition for Review will certainly defeat the administration of justice. The assailed Decision further ruled that complete documents are determined by the taxpayer and the examiner cannot demand what type of supporting documents should be submitted. The deficiency income tax includes the amount from the unreported income worth P4,920,369.00 from the difference

CIR vs. Transnational Plans, Inc. Page 8 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION between the Bond Placements per Documentary Stamp Tax (DST) Returns and increase in bond placement per Financial Statement (FS), but the Second Division ruled that these two are of different compositions as the income indicated in the FS is an asset of trustee banks while the amount indicated in the return came from bonds and loan agreements entered into by TPI itself. Part also of the deficiency income tax charged by the CIR is the disallowed cost and expenses, which, according to TPI, forms part of discounts as deduction from its gross income. However, the whole amount charged was upheld by the Second Division not only because a small portion thereof was only substantiated by TPI through its valid official receipts, but because TPI failed to establish that such amount formed part of its declared premium collections for the year 2006. Likewise, on the disallowed interest expense, the Second Division upheld the findings of the CIR as TPI failed to substantiate the same. However, while upholding the disallowed items for deficiency income tax, the Second Division noted that the FDDA failed to consider TPI's NOLCO, thereby the Second Division considered it and cancelled the said deficiency income tax of TPI. As to deficiency VAT, the assessment was based on the entire trust fund contribution and the Second Division ruled that the amount collected from plan holders, which was set aside for trust fund contributions, shall be excluded from the VATable gross receipts upon good faith reliance on BIR Ruling No. DA-027-06. However, the Second Division found out that only the amount of P635,213.90 is separately indicated in TPI's VAT official receipts as NONVAT, in accordance with the invoicing requirements under Section 1135 of the National Internal Revenue Code (NIRC) of 1997. 5 SEC. 113. Invoicing and Accounting Requirements for VAT-Registered Persons. - "(A) Invoicing Requirements. - A VAT-registered person shall issue: <

CIR vs. Transnational Plans, Inc. Page 9 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION "(1) A VAT invoice for every sale, barter or exchange of goods or properties; and "(2) A VAT official receipt for every lease of goods or properties, and for every sale, barter or exchange of services. "(B) Information Contained in the VAT Invoice or VAT Official Receipt. -The following information shall be indicated in the VAT invoice or VAT official receipt: "(1) A statement that the seller is a VAT-registered person, followed by his taxpayer's identification number {TIN); "(2) The total amount which the purchaser pays or is obligated to pay to the seller with the indication that such amount includes the value-added tax: Provided, That: "(a) The amount of the tax shall be shown as a separate item in the invoice or receipt; "(b) If the sale is exempt from value- added tax, the term "VAT-exempt sale" shall be written or printed prominently on the invoice or receipt; "(c) If the sale is subject to zero percent (0%) value-added tax, the term "zero- rated sale" shall be written or printed prominently on the invoice or receipt; "(d) If the sale involves goods, properties or services some of which are subject to and some of which are VAT zero-rated or VAT-exempt, the invoice or receipt shall clearly indicate the breakdown of the sale price between its taxable, exempt and zero-rated components, and the calculation of the value-added tax on each portion of the sale shall be shown on the invoice or receipt: "Provided, That the seller may issue separate invoices or receipts for the taxable, exempt, and zero-rated components of the sale. "(3) The date of transaction, quantity, unit cost and description of the goods or properties or nature of the service; and "(4) In the case of sales in the amount of one thousand pesos (P1,000) or more where the sale or transfer is made to a VAT-registered person, the name, business style, if any, address and taxpayer identification number (TIN) of the purchaser, customer or client. "(C) Accounting Requirements. - Notwithstanding the provisions of Section 233, all persons subject to the value-added tax under Sections

CIR vs. Transnational Plans, Inc. Page 10 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Thus, out of the P104,642,335.00 premiums collected, the P635,213.90 should be reduced therefrom, leaving a balance of P104,007, 120.00. The Second Division also ruled that TPI failed to prove that its clients are seamen to allow zero-rated tax rate for the services TPI provides under Section 108(8)(2) 6 of the 106 and 108 shall, in addition to the regular accounting records required, maintain a subsidiary sales journal and subsidiary purchase journal on which the daily sales and purchases are recorded. The subsidiary journals shall contain such information as may be required by the Secretary of Finance. "(D) Consequence of Issuing Erroneous Vat Invoice or Vat Official Receipt. - "(1) If a person who is not a VAT-registered person issues an invoice or receipt showing his Taxpayer Identification Number (TIN), followed by the word "VAT": "(a) The issuer shall, in addition to any liability to other percentage taxes, be liable to: "(i) The tax imposed in Section 106 or 108 without the benefit of any input tax credit; and "(ii) A 50% surcharge under Section 248 (B) of this code; "(b) The VAT shall, if the other requisite information required under Subsection (B) hereof is shown on the invoice or receipt, be recognized as an input tax credit to the purchaser under Section 110 of this Code. "(2) If a VAT-registered person issues a VAT invoice or VAT official receipt for a VAT-exempt transaction, but fails to display prominently on the invoice or receipt the term "VAT-exempt Sale", the issuer shall be liable to account for the tax imposed in Section 106 or 108 as if Section 109 did not apply. "(E) Transitional Period. - Notwithstanding Subsection (B) hereof, taxpayers may continue to issue VAT invoices and VAT official receipts for the period July 1, 2005 to December 31, 2005, in accordance with Bureau of Internal Revenue administrative practices that existed as of December 31, 2004. 6 SEC. 108. Value-added Tax on Sale of Services and Use or Lease of Properties. - XXX XXX XXX

CIR vs. Transnational Plans, Inc. Page 11 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION NIRC of 1997. The Other Income assessed by the CIR was also upheld in the amount of P5,551,066.01, as well as the disallowed input tax in the amount of P8,290. 76 for failure to refute the findings of the BIR. On deficiency withholding tax on compensation (WTC), the Second Division upheld the imposition of tax from the amount of P3,338,758.51 representing the provision for quarterly allowance, and P59,510.00, representing the per diems of employees, for failure to refute such findings, after TPI alleged that the quarterly allowance are mere reimbursements while the per diems represent payments to the employees. In addition, the CIR assessed additional professional fees, rentals, purchases of services and goods for deficiency expanded withholding tax (EWT). As to professional fees, the Second Division excluded the fees of Director and "others", as well as the professional fees paid to Transnational E-Business Solutions, Inc., SGV and Co., and to the Sniper Security Agency from the professional fees, as the amount of such cannot be offset to the tax base already subjected to EWT, as these fees were either not considered as administrative and management fees or not included in the professional fees in the first place. (B) Transactions Subject to Zero Percent (0%) Rate. - The following services performed in the Philippines by VAT-registered persons shall be subject to zero percent (0%) rate: XXX XXX XXX (2) Services other than those mentioned in the preceding paragraph rendered to a person engaged in business conducted outside the Philippines or to a nonresident person not engaged in business who is outside the Philippines when the services are performed, the consideration for which is paid for in acceptable foreign currency and accounted for in accordance with the rules and regulations of the Bangko Sentral ng Pilipinas (BSP); XXX XXX XXX

CIR vs. Transnational Plans, Inc. Page 12 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION As to rentals, the Second Division rejected the assessed deficiency EWT on income payments received by TESI Network in accordance with Section 39(a)(l) of Executive Order No. 226, but upheld the payments to U-Bix corporation and other various accruals of miscellaneous expenses in the amount of P102,966.45, thereby assessing a deficiency EWT of 5�/o thereof, or PS, 148.32. On the other hand, the EWT on the purchases of services and goods were cancelled due to lack of basis. As to documentary stamp tax (DST) assessed by the CIR, the base of which is the premiums collected in the amount of P103,378,870. 77, the Second Division used instead the amount reflected in TPI's audited FS for the year 2006, which is P104,642,335.00. On the DST on TPI's loan agreements, TPI failed to present the loan agreements to prove that TPI had already paid them. The compromise penalty on the other hand was cancelled since no compromise penalty was reached between the parties. In summary, the Division ruled to cancel the deficiency income tax due to the existence of TPI's unused NOLCO, as well as the compromise penalty because no compromise was ever agreed upon by the parties. As to VAT, the Second Division imposed the following: Net Premium Collections p 104,007,120.97 Add: Other Income Total 5,551,066.01 Output Tax p 109,558,186.98 Add: disallowed input tax p 12,962,647.49 VAT due Less: VAT paid 8,290.76 Basic Deficiency VAT p 12,594,971.46 p 4,017,007.32 p 8,577,964.14 As to withholding tax on compensation, the Second Division imposed the following:

CIR vs. Transnational Plans, Inc. Page 13 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Provision for quarterly allowance p 3,338,758.51 Per Diems Total Compensation 59,510.00 Basic Deficiency withholding tax on compensation p 3,398,268.51 p 803,789.33 As to expanded withholding tax, the following was imposed: Professional fees: p 545,455.00 Administrative and management fees p 54,545.50 Basic Deficiency EWT on professional fees ( 10�/o) p 13,480.74 Rentals: 89,485.71 Payments to U-Bix for rentals of photocopier p 102,966.45 Other various accruals of miscellaneous expenses p 5,148.32 Total Rentals: p 59,693.82 Basic Deficiency EWTon rentals (5�/o) Total Basic EWT DST was computed on the following basis: Total premium collections subject to DST P104,642,335.00 Tax rate DST due on premiums (pre-need plans) P.20/P200 Less: DST paid per return p 104,642.34 Basic deficiency DST on premiums - pre-need plans 57,901.13 p 46,741.21 Bonds & loans subject to tax p 62,276,610.00 Tax rate DST due P1/P200 Less: DST paid per return 311,383.05 Basic deficiency DST on bonds 8r.. loan agreements 63,357.16 p 248,025.89 Basic deficiency DST on: p 46,741.21 Premiums (pre-need plans) Bonds & loan agreements 248,025.89 p 294,767.10 Total An additional 25�/o surcharge and deficiency interest were imposed on all of the above-mentioned taxes by the Second Division, as stated in the dispositive portion of the assailed Decision.

CIR vs. Transnational Plans, Inc. Page 14 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Both parties filed their respective Motions for Reconsideration, where the Second Division promulgated an Amended Decision. In its Amended Decision, the Second Division ruled on the various prescriptive periods to assess the taxes involved in the case. As to the WTC, EWT and DST on pre-need plans, the Division ruled that it cannot make a proper ruling as to the prescriptive periods since the returns therein were not formally offered as evidence, although they formed part of the records of the case. Thus, it could only make a ruling on the prescriptive periods on the assessment of VAT and DST on bonds and loan agreements, and found as follows: (a) Quarterly Value-Added Tax Returns Exhibit Taxable Date of Filing Last Day to File Last Day of the 3- Date of Issuance of Quarter April 25 2006 Return Year Period to Assess Formal Letter of "MM" (2006) July 25, 2006 Demand October 23 2006 At!ril 25, 2006 ~ril2~ 2009 "N" 1st January 25 2007 July 25, 2006 July 25_~ 2009 October 9 2009 October 25 2006 October 25 2009 October 9 2009 "0" 2"d January 25 2007 January 25 2010 October 9, 2009 3rd October 9 2009 "P" 4th (b) DST on Bonds, Loan Agreements Taxable Date of Issuance of Exh. Month Last Day to File Last Day of the 3-Year Formal Letter of No. (2006) Date of Filing Return Period Demand "Y" January February 6, 2009 October 9, 2009 "Z" February February 2, 2006 February 6, 20067 October 9, 2009 March 6 2009 "AA" March 6, 2006 March 6 , 20068 "BB" March April 5, 2006 April 5, 2006 April 6 20099 October 9, 2009 "CC" April May 4, 2006 May 5, 2006 M~5_~ 2009 October 9, 2009 "DD" May June 5, 2006 June 5, 2006 June 5, 2009 October 9, 2009 "EE" June July 5, 2006 July 5, 2006 July 61 200910 October 9, 2009 "FF" July August 4 2006 August 7, 200611 August 7, 2009 October 9, 2009 August 13 September 5 2006 September 5 2006 September 7, 200912 October 9, 2009 "GG" September October 5 2006 October 5 2009 October 9, 2009 "HH" October 9, 2009 October November 4 2006 November 6 200614 November 6 2009 "II" November December 4 2006 December 5 2006 December 7 200915 October 9, 2009 December January 4 2007 January 5 2007 January 5 2010 October 9 2009 7 February 5, 2006 fell on a Sunday 8 March 5, 2006 fell on a Sunday. 9 April 5, 2009 fell on a Sunday. 10 July 5, 2009 fell on a Sunday. 11 August 5, 2006 fell on a Saturday. 12 September 5, 2009 fell on a Saturday. 13 DST Return for September 2006 was not presented in evidence. 14 November 5, 2006 fell on a Sunday. 15 December 5, 2009 fell on a Saturday.

CIR vs. Transnational Plans, Inc. Page 15 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Based on the foregoing tables, respondent's deficiency assessments on petitioner's VAT for the first and second quarters and DST (for bonds, loan agreements) from January to August of taxable year 2006 had already prescribed. TPI questions the increase in the amount of premiums collected from that of the findings of the BIR to the amount imposed by the Second Division, as stated in its audited FS. The imposition of surcharge and deficiency and delinquency interests are also allegedly misplaced as these were not imposed in the FDDA. The Second Division ruled that it cannot be considered as a new assessment as the Court partakes of trial de novo, it could receive evidence, summon witnesses, and give both parties, the Government and the taxpayer, opportunity to present and argue their sides, so that the true and correct amount of the tax to be collected, may be determined and decided, whether resulting in the increase or reduction of the assessment appealed to it. 16 As to surcharge and interests, such are mandated to be imposed by law. The Second Division also ruled that TPI failed to prove that its premium payments came from seafarers to impose zero-rated tax rate. The Second Division also upheld its ruling as to the trust fund contributions with VAT ORs "NONVAT," which only amounts to P635,213.90, the additional amount imposed on the tax base of deficiency WTC, EWT and DST on loan agreements, as well as the use of NOLCO and the disregard to the compromise penalties. The increase in the tax base of deficiency DST on premiums was also sustained by the Division. Hence, the Petitions for Review were filed. In its Petition for Review, TPI raised the same arguments as that in its Motion for Reconsideration, i.e., the Court has increased the deficiency VAT assessment and 16 Citing Collector of Internal Revenue vs. Batangas Transportation Company & Laguna-Tayabas Bus Company, G.R. No. L-9692, January 6, 1958.

CIR vs. Transnational Plans, Inc. Page 16 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION imposed surcharge and delinquency interest, which were not indicated in the FDDA, making the ruling of the Court in Division a new assessment; that the imposition of delinquency interest is unjust, excessive and confiscatory; that the additional amount in the assessment, not being included in the FAN should be considered prescribed already; that there was enough evidence to prove that TPI's clients are seafarers. In addition, TPI raised that the Division erred in disregarding the returns for~TC, EWT and DST on pre- need plans in determining prescription. On the other hand, the then CIR, in her Petition for Review/ 7 insists that the assessment involved is a false or fraudulent return, making the prescriptive period in assessing TPI 10 years, by virtue of Section 22218 of the 1997 NIRC, and that the Division erred in cancelling TPI's alleged deficiency income tax and compromise penalty. In its Comment, 19 TPI contends that the general rule of 3-year prescriptive period to assess applies in their case and that the 10-year exceptional period must be strictly construed against CIR. We Rule. In as much as this Court's jurisdiction is appellate in nature, it is essential that matters taken up in the appeal should be included in the contested assessment. It must be realized that with respect to the deficiency VAT of TPI, the appealed amount before this Court's jurisdiction is only with respect to the P67,446,873.00, as what is indicated in the FDDA. As stated in the case of Commissioner of Internal Revenue vs. Guerrero, eta/. : 20 17 En Bane Docket, pp. 13-33. 18 SECTION 222. Exceptions as to Period of Limitation of Assessment and Collection of Taxes. -"(a) In the case of a false or fraudulent return with intent to evade tax or of failure to file a return, the tax may be assessed, or a proceeding in court for the collection of such tax may be filed without assessment, at any time within ten (10) years after the discovery of the falsity, fraud or omission: xxx 19 En Bane Docket, pp. 130-142. 20 G.R. No. L-19074, January 31, 1967. <

CIR vs. Transnational Plans, Inc. Page 17 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 {CTA Case No. 8291) DECISION "Although these charges and taxes are not included in the original and revised assessments made in this case, petitioner herein maintains that Guerrero may nevertheless be held liable therefor xxx Petitioner's contention is untenable. xxx In short, it refers to a point in issue. In the case at bar, the additional [amount] under consideration were not included in the contested assessments. Since the jurisdiction of the Court of Tax Appeals is purely appellate, said Court correctly declined to make an award thereon, for lack of jurisdiction over the same." Section 228 of the Tax Code clearly states that "the taxpayer shall be informed in writing of the facts and the law on which the assessment is made; otherwise, the assessment shall be void." As thus worded, the respondent has the bounden duty to inform the taxpayer not only of the law but more importantly, the surrounding circumstances supporting the assessment, for it is only through a detailed appraisal of its basis that the taxpayer may be able to dispute the imposition or agree with it. 21 The underlying reason of the law is the basic constitutional requirement that "no person shall be deprived of his property without due process of law. "22 Thus, the amount to be collected from TPI should not go beyond what is stated in the assessment. In excess of such stated therein, TPI was not informed in writing of the facts and law on which the amount is made, thus, the taxpayer has no opportunity to dispute the said amount, in violation of due process. Furthermore, as the said excess amount was not indicated in the FAN, it should be considered as not assessed by the CIR, hence, already beyond the prescriptive period for it to be included only at this time of judicial trial. 21 Ima Land Holdings, Inc., vs. Commissioner of Internal Revenue, CTA Case No. 6389, October 7, 2004, citing Abbott Laboratories, Inc. vs. Commissioner of Internal Revenue, CTA Case No. 5718, February 16, 2001. 22 Ibid., citing Subic Power Corporation vs. Commissioner of Internal Revenue, CTA Case No. 6059, May 8, 2003.

CIR vs. Transnational Plans, Inc. Page 18 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Consequently, the findings of the BIR as that stated in the assessment should be the basis for the deficiency VAT, i.e., only the amount of P67,446,873.00. Be that as it may, TPI has to comply with the invoicing requirements as provided under Section 113 of the NIRC of 1997, as amended, to wit: "SEC. 113. Invoicing and Accounting Requirements for VAT-Registered Persons. - XXX XXX XXX (B) Information Contained in the VAT Invoice or VAT Official Receipt. - The following information shall be indicated in the VAT invoice or VAT official receipt: XXX XXX XXX (d) If the sale involved goods, properties or services some of which are subject to and some of which are VAT zero-rated or Vat exempt, the invoice or receipt shall clearly indicate the break-down of the sale price between its taxable, exempt and zero-rated components, and the calculation of the value-added tax on each portion of the sale shall be known on the invoice or receipt: Provided, That the seller may issue separate invoices or receipts for the taxable, exempt, and zero-rated components of the sale." (Underlining Supplied.) As stated in the July 13, 2015 Amended Decision of the Court in Division, CIR's right to assess TPI of deficiency VAT for the first and second quarters of taxable year 2006 had already prescribed. Thus, only the assessment for third and fourth quarters in the respective amounts of P14,323, 725.35 and P15,702,631.10, totaling P30,026,356.45 shall be considered. Guided by the foregoing premises, examination of the TPI's official receipts discloses that the premium collections

CIR vs. Transnational Plans, Inc. Page 19 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION of P30,026,356.45 shall be further reduced by P451,488.00 and P1,931.31, representing trust fund contributions {TFC) and DST separately indicated therein. Therefore, only the remaining amount of P29,572,937 .14 shall be considered later in the VAT computation. OR Collection per Adjusted No. Exhibit Date 47423 Client Register TFC DST Collection 55 2123 31-Jul-06 47424 Corpuz, Alejo Jr. p 55 2124 31-Jul-06 47425 Viesca Warren p 13,876.20 p 13,876.20 55 2125 31-Jul-06 DECERIE NACIANCENO 7.50 5,100.00 5,100.00 1.98 2,383.00 2.34 2 383.00 5.00 55 2126 31-Jul-06 47426 Nacianceno, Marcelo 2,229.00 778.05 2.34 2 221.50 55 2127 26-Jul-06 47427 MMSCrew 6,369.19 6 369.19 55 2128 26-Jul-06 47428 MMI EMPLOYEES 42 577.39 18.82 42 577.39 55 2129 31-Jul-06 47429 Jose Marino Labrador 2 475.20 4.40 2 475.20 55 2130 31-Jul-06 47430 TMDC 14 699.67 2.22 14 699.67 55 2131 26-Jul-06 47431 TMDC 54 551.57 4.35 54 551.57 55 2133 26-Jul-06 47433 TMDC 159 021.78 159 021.78 55 2134 26-Jul-06 47434 TMDC 45 361.51 45 361.51 55 2135 27-Jul-06 47435 MMI CREW 167 068.63 167 068.63 55 2136 31-Jul-06 47436 Avellano Shelvin 1 371.00 1 371.00 55 2137 26-Jul-06 47437 San Jose, Bienvenido 15 720.00 15 720.00 55 2138 31-Jul-06 47438 ROMINA ARRIAGA 2 796.00 2 796.00 55 2139 31-Jul-06 47439 ROMINA ARRIAGA 3 192.00 3 192.00 55 2140 31-Jul-06 47440 Kharen Canillo 1867.14 1 865.16 55 2142 31-Jul-06 47442 Pramis Aron 1 500.00 1497.66 55 2143 16-Aug-06 47443 Cajilog, Helen Monica 5 191.00 5 191.00 55 2145 22-Aug-06 47445 Serna Jhunbie 5 072.00 5 067.00 55 2146 22-Auq-06 47446 Ruel Laqsit 3 349.04 3 349.04 55 2147 22-Auq-06 47447 Monaliza Salamatin 1904.00 1904.00 55 2148 22-Aug-06 47448 Tambolero Mark 1150.00 1147.66 55 2149 22-Aug-06 47449 Rodriguez Nomalle 1922.70 1922.70 55 2150 22-Aug-06 47450 Perlie Buenaventura 1922.70 1922.70 55 2435 16-Jul-06 47735 Bag-ao Noel 8 034.00 8 034.00 55 2436 16-Jul-06 47736 Jimmy Lumitap 8 000.00 8 000.00 55 2437 16-Jul-06 47737 Danilo Brodith 55 2438 16-Jul-06 47738 Danilo Brodith 69.00 69.00 55 2439 16-Jul-06 47739 Danilo Brodith 12 870.30 12 870.30 55 2440 16-Jul-06 47740 Albert Bulilan 12 870.30 12 870.30 55 2441 16-Jul-06 47741 Melvin Maceda 55 2442 31-Jul-06 47742 Cristina Abrera 1922.00 1922.00 55 2443 31-Jul-06 47743 Florencio Enotorio 12 150.00 12 150.00 55 2444 31-Jul-06 47744 Neri Glenn 55 2445 31-Jul-06 47745 Dela Cruz Manolito 3 020.00 3 020.00 55 2446 31-Jul-06 47746 Dela Cruz Manolito 7 208.47 7 208.47 55 2447 31-Jul-06 47747 Fiedalan Jeanette 9 919.20 9 919.20 55 2448 31-Jul-06 47748 Mana-ay, Niel 11669.21 11 669.21 55 2449 31-Jul-06 47749 Mendejar Loreta 3 942.50 3 942.50 55 2450 31-Jul-06 47750 Trinidad Pricesita 8 932.34 8 913.52 55 2527 16-Jul-06 47827 Mvleen Salvador 8 000.00 8 000.00 55 2528 16-Jul-06 47828 Dalumpines Teofanesa 4 739.40 4 735.00 55 2530 16-Jul-06 47830 Dalumpines Bonifacio 2 315.70 2 313.48 1 500.00 p 4 099.65 721.95 10 759.30 4 095.30 10 759.30

CIR vs. Transnational Plans, Inc. Page 20 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 55 2532 16-Jul-06 No. Macaspac Conceocion Register 284.70 Collection 55 2533 16-Jul-06 47832 Escalante Anselmo 544.30 55 2534 16-Jul-06 47833 Escalante Anselmo 1 619.50 1 014.00 259.60 55 2535 16-Jul-06 47834 Yap, Margie 412.20 284.70 605.50 55 2536 16-Jul-06 47835 Mendoza Reginald 650.00 127.50 55 2537 16-Jul-06 47836 Grace Maoalad 4 950.40 3 416.40 650.00 55 2538 31-Jul-06 47837 Ang Michelleynne 1 369.00 854.10 1 534.00 55 2539 16-Jul-06 47838 Divina Pelobello 1 361.00 848.90 514.90 55 2540 31-Jul-06 47839 Jotoiot Alvin 456.00 284.70 512.10 55 2541 31-Jul-06 47840 Antonio Ilao 2 740.00 171.30 55 2542 26-Jul-06 47841 Gerry M. De Guzman 2 729.92 1 708.20 1 031.80 55 2543 31-Jul-06 47842 ADTOURS-MANILA 19 153.05 1 883.70 846.22 55 2544 26-Jul-06 47843 ADTOURS-MANILA 7 452.16 19 153.05 55 2545 26-Jul-06 47844 ADTOURS-MANILA 36 368.85 854.10 7 452.16 55 2546 31-Jul-06 47845 Grace Mapalad 113 529.36 855.40 36 368.85 55 2547 31-Jul-06 47846 Diesmos Tessa 1 369.00 569.40 113 529.36 55 2548 31-Jul-06 47847 Chov. Louella 1 239.40 514.90 55 2591 14-Jul-06 47848 NYK NETI 913.00 507.00 0.78 384.00 55 2592 14-Jul-06 47891 Dolphin DR/CR980 20 690.16 343.60 55 2593 16-Jul-06 47892 CASSC EMPLOYEE 51 339.19 15.60 20 690.16 55 2594 17-Jul-06 47893 NLPH (NTVLI & NWT) 7 274.59 51 339.19 55 2595 16-Jul-06 47894 NLPH (NTVLI & NWT) 25 150.65 1 079.00 1.57 7 274.59 55 2596 16-Jul-06 47895 Sison, Wilfredo 180 498.51 1 023.75 0.78 25 150.65 55 2598 16-Jul-06 47896 TDC 814.00 3 421.60 180 498.51 55 2599 16-Jul-06 47898 TDGI 688.76 7 215.00 306.22 55 2629 31-Jul-06 47899 Bautista Filipino 6 991.10 688.76 55 2630 31-Jul-06 47929 Matic Eoifania 4 065.00 507.00 6 991.10 55 2631 31-Jul-06 47930 Rabuva Nelson 8 160.00 4 065.00 55 2633 31-Jul-06 47931 Barlao,Chona 1 382.00 8 580.00 8 160.00 55 2634 31-Jul-06 47933 Rev Barlao 1 250.71 20 529.60 1 382.00 55 2635 31-Jul-06 47934 Dindo Aleiandrino 499.29 1 250.71 55 2636 31-Jul-06 47935 Ramirez Louie 1 361.00 1820.00 499.29 55 2637 31-Jul-06 47936 Jonathan Balibagos 1238.00 1 946.10 1 361.00 55 2639 31-Jul-06 47937 Caqanq Jose 904.00 1,238.00 55 2640 31-Jul-06 47939 Gasacao revnaldo 1 368.00 904.00 55 2642 31-Jul-06 47940 Caga Theresa 10 748.00 1 368.00 55 2643 31-Jul-06 47942 Caga Theresa 1102.00 10 748.00 55 2644 31-Jul-06 47943 Joe Marie De Ia Serna 413.00 1102.00 55 2645 31-Jul-06 47944 Roberto Daniel Solis 2 282.00 413.00 31-Jul-06 47945 Tanes, Raymund 2.742.54 2,282.00 - 31-Jul-06 47946 Onqchua Gilbert 1 371.30 2,742.54 55 2646 31-Jul-06 47947 Reanzares Eliseo 5 835.20 1 371.30 55 2647 31-Jul-06 47948 Marlon Acasio 17 307.45 5 835.20 55 2649 31-Jul-06 47949 Genevie Jacob 1,368.00 17 291.85 55 2650 16-Jul-06 47950 Edna Volfanqo 1 361.00 L_368.00 55 2659 16-Jul-06 47959 Volfango,Edna 1 565.46 1 361.00 55 2661 16-Jul-06 47961 Basco Marianita 1485.22 486.46 55 2662 16-Jul-06 47962 Javellonar,Armando 5 008.80 459.90 55 2663 16-Jul-06 47963 Anthony Picazo 10,456.20 1 587.20 55 2664 16-Jul-06 47964 Perina Clarence 813.78 3 241.20 55 2665 16-Jul-06 47965 Percival Artuz 5 212.00 306.00 55 2666 16-Jul-06 47966 Real Reqimar 16 415.52 5,212.00 55 2667 16-Jul-06 47967 David Margie 37 382.36 7 835.52 55 2668 16-Jul-06 47968 Villaluz Rowell 2 917.60 16 852.76 55 2669 47969 3 120.00 1 097.60 1173.90

CIR vs. Transnational Plans, Inc. Page 21 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 55 2670 16-Jul-06 No. Gerry Bimbao Register Collection 55 2671 31-Jul-06 47970 Manolito Dela Cruz 1,033.00 0.99 55 2672 31-Jul-06 47971 Ariel Arsulo 26,685.00 1,032.01 55 2673 31-Jul-06 47972 Randy Solitario 13 342.50 539.50 0.99 26,685.00 55 2674 31-Jul-06 47973 MADRIDANO JOEL 865.00 4 204.80 13 342.50 55 2675 31-Jul-06 47974 Romualdo H. Vallejo 5 488.80 1 015.95 55 2676 31-Jul-06 47975 Ronnie Morales 1,629.00 325.50 55 2677 31-Jul-06 47976 Arwin Braga 1,033.00 643.50 1_L_284.00 55 2678 31-Jul-06 47977 Edwin Frongoso 917.00 55 2679 31-Jul-06 47978 Romil Camarines 2,396.60 5 132.40 613.05 55 2680 31-Jul-06 47979 Ligtas Frederick 8 377.80 2 566.20 388.51 55 2681 31-Jul-06 47980 Espela, Danilo Gaon 4 113.90 917.00 55 2682 31-Jul-06 47981 Geomar Magdadaro 62,522.60 1 820.00 2 396.60 55 2683 31-Jul-06 47982 Cantillo Lovendo 2,918.00 3 245.40 55 2684 31-Jul-06 47983 Casupanan Jose 2 439.00 3 421.60 1,547.70 55 2685 31-Jul-06 47984 Jerry Gonzales 5 485.20 62,522.60 55 2686 31-Jul-06 47985 Jerry Gonzales 6,355.20 6.24 1 098.00 55 2687 31-Jul-06 47986 Christopher Lee 167.04 2,439.00 31-Jul-06 47987 Buhain Glenn 1,032.00 4.68 2 063.60 ss 2688 31-Jul-06 47988 Ricardo Canales 1,032.00 6,348.96 31-Jul-06 47989 Bella Tiburcio Jr. 4 882.68 3.13 167.04 55 2689 31-Jul-06 47990 Arnold Pagdilao 2 981.00 1,032.00 55 2690 31-Jul-06 47991 Mandaluyong, Philip Mark 5 301.00 3 421.60 1,032.00 55 2691 31-Jul-06 47992 Crispino Clint 2 063.00 4 878.00 55 2692 31-Jul-06 47994 Emmanuel Bertolano 3 261.13 2,981.00 55 2694 31-Jul-06 47995 EMMANUEL BERTOLANO 4 052.00 5 301.00 55 2695 31-Jul-06 47996 Banaag, Abiaael 6,151.26 2 063.00 31-Jul-06 47997 Estanislao Mary Grace 12 296.10 3 258.00 - 31-Jul-06 47998 De Ia Rosa Vincent Paul 8 143.00 4 052.00 31-Jul-06 47999 Felipe Emmanuel 4 886.00 6,151.26 55 2697 16-Jul-06 48000 TLSC 3,688.40 55 2698 16-Jul-06 48002 COCOLIFE h084.75 1~296.10 55 2699 16-Jul-06 48003 Figueras Kerwin Adam 303 840.00 55 2700 16-Jul-06 48004 Theresa Felisa Jimenez 5 008.68 8 143.00 55 2702 14-Jul-06 48005 TCL 7 313.00 4 886.00 55 2703 31-Jul-06 48006 Lao Guico Ma. Veronica 1 622.10 3,688.40 55 2704 24-Jul-06 48007 TESI 10 797.20 1 084.75 55 2705 31-Jul-06 48009 Bondoc Nino Anthony 18,899.23 303 840.00 55 2706 31-Jul-06 48010 NYK SIN CREW 2 931.15 1 587.08 55 2707 31-Jul-06 48014 NYK SIN CREW 5 285.28 7 313.00 55 2709 31-Jul-06 48015 NYK SIN CREW 1 203.80 1 622.10 55 2710 31-Jul-06 48016 NYK SIN CREW 1h504.48 10 797.20 55 2714 31-Jul-06 48017 NYK SIN CREW 5 289.96 181_899.23 55 2715 31-Jul-06 48018 NYK SIN CREW 10 400.00 2 931.15 55 2716 31-Jul-06 48019 ICMACREW 6,346.08 5,285.28 55 2717 31-Jul-06 48020 TMM CREW 101_569.52 1,203.80 55 2718 27-Jul-06 48021 Dolphin Ship Mgt. Inc. 2 600.00 1h504.48 55 2719 27-Jul-06 48022 Dolphin Ship Mgt. Inc. 70 414.50 5 289.96 55 2720 31-Jul-06 48026 PIZZATEK & FOODS CORP. 81,956.30 10 400.00 55 2721 26-Jul-06 48027 NYK Fil 6,346.08 55 2722 16-Jul-06 48028 E-PERFORMAX ~306.22 101_569.52 55 2726 26-Jul-06 48029 NCT 2,600.00 55 2727 14-Jul-06 48031 NCT 81 827.35 70 414.50 55 2728 26-Jul-06 48032 ADTOURS 4 095.49 81956.30 55 2729 48033 2 306.22 55 2731 12 978.25 81827.35 55 2732 2,539.62 4 095.49 55 2733 12 978.25 1031_875.82 2 539.62 103 875.82

CIR vs. Transnational Plans, Inc. Page 22 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 26-Jul-06 No. TLSC Register Collection ss 2734 26-Jul-06 48034 TLSC-TWFI 13 420.67 284.70 26-Jul-06 48035 TLSC-TLI 1884.29 13 420.67 55 2735 26-Jul-06 48036 TLSC 6 649.80 569.40 16.35 1884.29 26-Jul-06 48037 TDC 1 553.60 609.70 6 649.80 55 2736 14-Jul-06 48038 JRDC 688.76 10 627.50 1 553.60 14-Jul-06 48039 INT'L LIMOU SERVICES INC 7 494.44 688.76 55 2737 14-Jul-06 48040 CONTONELLI REALTY 307.67 806.00 7 494.44 14-Jul-06 48041 Apex Phils Equities Corp 3 183.10 1423.50 307.67 55 2738 26-Jul-06 48042 TRANSM 4 774.66 3 183.10 31-Jul-06 48043 Doris Anonuevo 734.76 426.40 4 774.66 55 2739 14-Jul-06 48044 VISION AIR 400.00 1423.50 734.76 14-Jul-06 48045 VISION AIR 831.32 4,732.00 400.00 55 2740 26-Jul-06 48046 JRD-FIUAPAN 9 935.61 831.32 31-Jul-06 48047 Cornejo Arnulfo 303 347.43 643.50 9 935.61 55 2741 31-Jul-06 48050 Ester Estrada 12 213.00 572.00 31-Jul-06 48051 Grace Beriso 3 978.87 1138.80 303 347.43 ss 2742 31-Jul-06 48052 Yap,Margie 456.00 284.70 12 213.00 31-Jul-06 48053 Joseph Sanqdaan 650.00 3 978.87 55 2743 31-Jul-06 48055 Matawara Rea 1 733.78 1 625.00 2.50 171.30 31-Jul-06 48056 Ofalsa Rhodora 824.40 650.00 ss 2744 31-Jul-06 48057 Manalang, Noel 884.20 416.65 1 733.78 ss 2745 31-Jul-06 48058 Quibir Edqar Jr. 15,418.35 255.00 ss 2746 31-Jul-06 48059 Prado Sheryl 987.00 569.40 274.50 31-Jul-06 48060 Carlos Noriega 1342.00 4,774.50 55 2747 31-Jul-06 48061 Bisares Marieta 2,330.00 569.40 987.00 31-Jul-06 48062 Bernabe Bernard 685.00 536.00 ss 2750 31-Jul-06 48063 Shernan Balilo 2 282.00 806.00 906.50 31-Jul-06 48064 Fermin Miriam 7 253.00 258.60 55 2751 31-Jul-06 48065 Fermin Miriam 933.00 569.40 858.50 31-Jul-06 48066 Anonuevo Ma. Cecilia 829.00 2 521.00 55 2752 31-Jul-06 48067 Estrada Jusmon 1,876.00 25 057.50 289.50 31-Jul-06 48068 Gejon Oliver 456.00 257.00 ss 2753 31-Jul-06 48069 Dennis Govena 912.00 3 341.00 737.20 31-Jul-06 48070 YAS BROKERAGE 3 031.22 171.30 55 2755 31-Jul-06 48072 Yusen Air 6 732.70 912.00 31-Jul-06 48073 Yusen Air 602 819.32 3 031.22 ss 2756 31-Jul-06 48074 Yusen Air 285,675.07 6 732.70 ss 2757 31-Jul-06 48075 YAS BROKERAGE 3 767.98 ss 2758 31-Jul-06 48076 Rabanal Jesusa 111 413.28 602 819.32 31-Jul-06 48077 Rabanal Jesusa 1 302.50 285,675.07 55 2759 31-Jul-06 48078 Ellen Flores 2 608.50 31-Jul-06 48079 Carpio Judy Ann 603.90 3 767.98 55 2760 31-Jul-06 48080 Carmela Dadural 825.40 111 413.28 31-Jul-06 48081 Bonifacio Alfredo 1 000.00 ss 2761 31-Jul-06 48083 Serrano Ronalda 9 073.10 1 302.50 31-Jul-06 48084 Ernesto Del Mundo 1,292.00 981.00 55 2762 31-Jul-06 48085 Acuna,Grace 500.00 187.25 31-Jul-06 48086 Acuna Grace 825.40 256.00 55 2763 31-Jul-06 48087 Aleqarbez Roberto 1674.60 430.60 31-Jul-06 48088 Margie Yap 40 219.00 55 2764 31-Jul-06 48090 Salvador 650.00 9 073.10 31-Jul-06 48091 Carlo G. Cantanero 1 200.00 486.00 . ss 2765 31-Jul-06 48092 ADTOURS-MANILA 5 356.00 500.00 ss 2766 48096 3 880.76 256.00 ss 2767 1674.60 55 2768 15 161.50 55 2769 650.00 1 200.00 ss 2770 2 015.00 3 880.76 55 2772 55 2773 ss 2774 55 2775 ss 2776 55 2777 ss 2778 55 2779 55 2780 ss 2781 55 2783 ss 2784 ss 2785 55 2786 ss 2787 ss 2788 55 2790 ss 2791 55 2792 55 2796

CIR vs. Transnational Plans, Inc. Page 23 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION OR Collection per Adjusted No. Collection Exhibit Date 48097 Client Register TFC DST 31-Jul-06 48098 ADTOURS-MANILA 5.32 10 808.16 ss 2797 31-Jul-06 48101 ADTOURS-MANILA 10 808.16 94 201.88 - 31-Jul-06 48103 Sequnto Teodulo 12.52 31-Jul-06 48104 Ranada William 94 201.88 58.20 6 743.00 ss 2801 31-Jul-06 48105 Viesca Wendy 5 537.00 ss 2803 31-Jul-06 48106 Panganiban Arnold 6 743.00 13.16 10 630.16 ss 2804 31-Jul-06 48107 Joel Torino 6.41 2 111.50 ss 2805 31-Jul-06 48108 De Lara Santos 5 542.32 8 279.00 ss 2806 31-Jul-06 48109 Policarpio Danilo 16.47 60 644.50 ss 2807 31-Jul-06 48110 Yap,Dondee 10 642.68 6.09 1854.76 ss 2808 31-Jul-06 48111 Maria Lourdes Cueto 12 035.00 ss 2809 31-Jul-06 48112 Leonita Caparino 2 111.50 4.12 10 804.32 ss 2810 31-Jul-06 48113 Francisco Gumban 16.52 10 000.00 ss 2811 31-Jul-06 48114 Castillo Gil 8 279.00 23.41 2 647.00 ss 2812 16-Aug-06 48115 Dionisio Joel 12 397.00 ss 2813 16-Aug-06 48116 Sace Maria Begofia 60,702.70 2 722.00 ss 2814 16-Aug-06 48117 Dugenia Edwin 9 993.59 ss 2815 16-Aug-06 48118 Enrique Marquez 1854.76 8 217.00 ss 2816 16-Aug-06 48119 Suarez, Victorino 51158.36 ss 2817 16-Aug-06 48120 Rowena Ong 12 035.00 ss 2818 16-Aug-06 48121 Tenestrante Roel 456.50 ss 2819 16-Aug-06 48122 Gasacao reynaldo 10 804.32 5 210.00 ss 2820 16-Aug-06 48123 Enobio Raul 4 556.67 ss 2821 16-Aug-06 48124 Hisanza, John 10 000.00 10 748.00 ss 2822 16-Auq-06 48125 De Guzman Gladys 5 476.75 ss 2823 22-Aug-06 48126 Cruz Carmela 2 647.00 ss 2824 22-Aug-06 48127 Soquefia Rey 150.00 ss 2825 22-Aug-06 48128 Peralta Arne! 12 410.16 13 241.08 ss 2826 22-Aug-06 48130 Rene Murqa ss 2827 31-Aug-06 48131 Rolita A. Valencia 2 722.00 2 100.00 ss 2828 31-Aug-06 48132 Valencia Rolita 15 050.59 ss 2830 31-Auq-06 48133 Jimenez Johnny 10 000.00 ss 2831 31-Aug-06 48134 Sonia Araquil 506.50 ss 2832 31-Aug-06 48135 Lagapa Orlando 8 217.00 15 514.74 ss 2833 48136 Efren Diokno ss 2834 31-A~g_-06 48137 Cynthia Diokno 51158.36 6 238.62 ss 2835 48138 Acut Romeo Jr. 10 520.59 ss 2836 31-Aug-06 48139 Diroy, Mercelito 456.50 2 743.00 ss 2837 31-Aug-06 48140 Bolante, Dolores 6 193.94 ss 2838 31-Aug-06 48141 Arancillo Ronie 5 210.00 4 080.47 ss 2839 48142 Factor Joey 6 127.43 ss 2840 31-Aug~06 48143 Estipona Edwin 4 556.67 6 127.43 ss 2841 48144 Acosta Juanito 4 164.50 ss 2842 31-Aug-06 48145 Inaldo Nerwin 10 748.00 3 756.93 ss 2843 31-Aug-06 48146 Laydia Gerardo 4 391.00 ss 2844 31-Aug-06 48147 Comoro Romeo 5 476.75 4 235.00 ss 2845 31-Aug-06 48148 Salabe Bernardito 11146.50 ss 2846 31-Aug-06 48149 Rowena Ong 150.00 19 247.78 ss 2847 31-Aug-06 48150 Faro! Mary Jhoan 2 729.92 ss 2848 31-Aug-06 48151 Martin Ann Michelle 13 241.08 ss 2849 31-Auq-06 48152 Dan C. Florentino 1 625.52 ss 2850 31-Aug-06 48153 Dan C. Florentino 2 100.00 15 561.84 ss 2851 31-Aug-06 48154 KMTC 10 756.55 ss 2852 31-Aug-06 KMTC 15 050.59 41138.16 ss 2853 26-Jul-06 28 711.18 ss 2854 26-Jul-06 506.50 24 976.59 26-Jul-06 25 000.00 26-Jul-06 15 531.21 20 148.71 6 244.71 35.36 414.00 10 520.59 14 904.11 2 743.00 6 193.94 4 080.47 6 127.43 6 127.43 4 164.50 3 756.93 4 395.12 4 235.00 11146.50 19 247.78 2 729.92 1 625.52 15 578.36 10 756.55 41138.16 28 711.18 25 000.00 25 000.00 20 148.71 35.36 414.00 14 904.11

CIR vs. Transnational Plans, Inc. Page 24 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 31-Jul-06 No. Nestorio Antonio Tiu Register Collection ss 2855 26-Jul-06 48155 TAC 3 047.69 4 988.10 ss 2856 26-Jul-06 48156 TAC 2 386.85 4.98 3 047.69 ss 2857 26-Jul-06 48157 JRDC 15 220.67 0.99 2 386.85 ss 2858 26-Jul-06 48158 TDC 2 387.33 15 220.67 ss 2860 31-Jul-06 48160 DOLPHIN MGMT 8 755.83 2 387.33 ss 2861 25-Jul-06 48161 KYOKKO CREW 4 883.12 8 755.83 ss 2862 31-Jul-06 48162 FETRAN CREW 13 981.55 4 883.12 ss 2864 29-Jul-06 48164 TRANSM CREW 90 594.73 13 981.55 ss 2865 31-Jul-06 48165 NYK NETI 112 358.81 90 594.73 ss 2866 31-Jul-06 48166 KAPALARAN EMPLOYEE 12 158.39 112 358.81 ss 2867 31-Jul-06 48167 LAWIN EMPLOYEE 1166.42 12 158.39 ss 2868 31-Jul-06 48168 DOLPHIN METI 678.82 1166.42 ss 2869 31-Jul-06 48169 Dedoro Jocelyn 2 347.68 ss 2870 26-Jul-06 48170 MC PENSION DR/CR/ 1018 10 257.00 678.82 ss 2871 31-Jul-06 48171 Abinq Ely Rev 705.92 2 347.68 ss 2872 31-Jul-06 48172 Glendiola Constantino 9 011.83 10 257.00 ss 2873 31-Jul-06 48173 MAUNLAD EMPLOYEE 150.00 ss 2874 31-Jul-06 48174 NEO MARINE EMPLOYEE 912.79 705.92 ss 2875 31-Jul-06 48175 PROSPERIDAD EMPLOYEE 3 664.23 9 011.83 ss 2876 31-Jul-06 48176 Transnational Resources Inc. 412.60 ss 2877 31-Jul-06 48177 Cadenza Emp 412.60 150.00 ss 2878 31-Jul-06 48178 Dynamic Asset 1297.36 912.79 ss 2879 31-Jul-06 48179 EXITO EMPLOYEE 1145.72 3 664.23 ss 2880 31-Jul-06 48180 HARMONY EMPLOYEE 646.53 412.60 ss 2881 26-Jul-06 48181 NLPH (NlVLI & NWT) 624.16 412.60 ss 2883 26-Jul-06 48183 DR/CR NO. 01007 35 265.24 1 297.36 ss 2884 31-Jul-06 48184 NYKFIL EMPLOYEE 48 459.79 1145.72 ss 2885 31-Jul-06 48185 Intramuros Properties Inc. 46 461.09 646.53 ss 2886 31-Jul-06 48186 TCL 859.07 624.16 ss 2887 26-Jul-06 48187 TDGI 12 768.15 35 265.24 ss 2888 31-Jul-06 48188 Karla P. Delgado 8 286.11 48 459.79 ss 2889 31-Jul-06 48189 Evangelista Limpa 41 492.46 46 461.09 ss 2890 31-Jul-06 48190 LIMPA EVANGELISTA 1 758.88 859.07 ss 2891 31-Jul-06 48191 KEPPEL PHILIPPINES 5 241.12 12 768.15 ss 2892 26-Jul-06 48192 MMI EMPLOYEES 41.72 8 286.11 ss 2893 26-Jul-06 48193 MMI EMPLOYEES 9 787.82 41 492.46 ss 2894 31-Jul-06 48194 ILAGA ADORACION 3 672.76 1 758.88 ss 2898 26-Jul-06 48198 HOKOKU 8 000.00 5 241.12 ss 2899 26-Jul-06 48199 EXITO CREW 117 329.81 ss 2900 31-Jul-06 48200 Arenal Dexter 29 545.48 41.72 ss 2901 31-Jul-06 48201 Ruben Manzano 13 724.00 9 787.82 ss 2902 31-Jul-06 48202 Aurelio Oaros 5 200.00 3 672.76 ss 2903 31-Jul-06 48203 Raquel Lascano 5 194.98 3 011.90 ss 2904 31-Jul-06 48204 Hector Memoria 2 792.00 117 329.81 ss 2905 31-Jul-06 48205 Sales, Jerome 13 950.00 29 545.48 ss 2906 31-Jul-06 48206 Agapito Aplacador 3 541.50 13 724.00 ss 2907 31-Jul-06 48207 Angeles, Marcos 1 224.08 5 200.00 ss 2908 31-Jul-06 48208 Manon-oq Albert Philip 1 371.00 5 190.00 ss 2909 31-Jul-06 48209 Medina Ronald Sonny 1181.49 2 792.00 ss 2910 16-Aug-06 48210 Solitario Rosalinda 3 096.00 13 950.00 ss 2913 16-Auq-06 48213 Cagang, Jose 19 131.50 3 541.50 ss 2914 16-Auq-06 48214 Cuizon Ritche 10 002.60 1 224.08 ss 2916 16-Auq-06 48216 Espinocilla Rommel 2 064.00 1 371.00 ss 2917 48217 1 826.00 1180.50 3 096.00 19 131.50 10 002.60 2 064.00 1826.00

CIR vs. Transnational Plans, Inc. Page 25 of 59 CTA EB No. 1337 {CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION OR Collection per Adjusted No. Collection Exhibit Date 48218 Client Register TFC DST 16-Aug-06 48219 Vitacion Edmon 8.16 4 928.00 ss 2918 16-Aug-06 48220 Ferrer Domdom 4 928.00 7,687.00 ss 2919 16-Aug-06 48221 Ronald M. Aragon 2.20 ss 2920 16-Aug-06 48223 Retales Ruel 7,695.16 2.76 200.00 ss 2921 16-Aug-06 48225 Retales Ruel 3.55 3 618.95 ss 2923 16-Aug-06 48226 Harlon Renate 200.00 1 571.08 ss 2925 16-Aug-06 48229 Ruelito Diesta 1.66 1 369.19 ss 2926 16-Aug-06 48230 Sandig, Percival 3 618.95 1.60 5,484.00 ss 2929 16-Aug-06 48231 Carryl Raoul Amparo 9.11 11,264.90 ss 2930 16-Aug-06 48232 Dennis C. Garcia 1 571.08 3.51 5 393.00 ss 2931 16-Aug-06 48233 Dennis C. Garcia 2 292.00 ss 2932 22-Aug-06 48235 Paulino Michael 1 369.19 2 600.00 ss 2933 22-Aug-06 48236 Irwin Nedula 5,187.45 22-Aug-06 48237 Magno.Eric 5,484.00 5 191.00 - 22-Aug-06 48238 Caroline Melbin 4 113.00 ss 2936 22-Aug-06 48239 Bontilao Danilo 11,264.90 9 731.88 ss 2937 22-Aug-06 48240 Tinaytina h629.00 ss 2938 22-Aug-06 48241 Rebello Jemson 5 393.00 ss 2939 22-Aug-06 48242 Macatangay,Santos 50.00 31-Aug-06 48243 Buhain Glenn 2 294.20 6 040.00 SS-2940 31-Aug-06 48244 Tiburcio Bella jr. 16,735.57 31-Aug-06 48245 VOLFANGO EDNA 2 602.76 2,063.16 ss 2941 31-Aug-06 48246 VOLFANGO EDNA 4 035.50 ss 2942 31-Aug-06 48247 Villafranca Irma 5,191.00 1,564.00 ss 2943 31-Aug-06 48248 Diaz, Rosario 1483.50 ss 2944 31-Aug-06 48249 Mallari Paul 5 191.00 8 584.70 ss 2945 31-Aug-06 48250 Marinette M. Basa 8 210.94 ss 2946 31-Aug-06 48251 Castro Reynaldo 4 113.00 3 698.00 ss 2947 26-Jul-06 48252 CASTAWAY CAY 2 742.00 ss 2948 26-Jul-06 48253 PROSPERIDAD CREW 9 731.88 2 756.34 ss 2949 26-Jul-06 48254 KAGITINGAN CREW 2 292.08 ss 2950 26-Jul-06 48255 PAYMENT OF JUNE 2006 1629.00 29 947.28 ss 2951 26-Jul-06 48256 MATATAG CREW 7 806.91 ss 2952 26-Jul-06 48258 HARMONY CREW 50.00 33 821.61 ss 2953 31-Jul-06 48259 TESI 24 178.67 ss 2954 31-Jul-06 48260 TLI 6 040.00 1,944.08 ss 2955 29-Jul-06 48262 Cadenza Marine 18 815.59 ss 2956 29-Jul-06 48267 ALAMAT SHIPPING 16 735.57 2 421.76 ss 2958 31-Jul-06 48271 KMTC 74 294.61 ss 2959 31-Jul-06 48273 Operana Edgar 2 063.16 50,524.62 ss 2960 31-Jul-06 48276 Operana Edgar 1 415.59 ss 2962 31-Jul-06 48277 Remigio Talaga 4 035.50 5 950.00 ss 2967 31-Jul-06 48278 IDEAL MARITIME 3 490.00 ss 2971 31-Jul-06 48279 Hilario Escano Jr. 1,565.66 3 382.80 ss 2973 16-Aug-06 48280 Raguel Lascano 29 104.61 ss 2976 14-Aug-06 48281 TDGI 1 485.10 ss 2977 14-Aug-06 48282 ASIANA PHILS. 300.00 ss 2978 14-Aug-06 48283 ASIANA PHILS. 8 593.81 6.855.00 ss 2979 15-Aug-06 48285 MAUNLAD CREW 795 227.78 ss 2980 14-Aug-06 48286 DALEXCREW 8 210.94 19 430.10 ss 2981 18-Aug-06 48287 DOLPHIN-LAWIN 2 487.98 ss 2982 14-Aug-06 48288 NYK-FJSC 3 698.00 17 093.07 ss 2983 14-Aug-06 48289 NYK-FJSC 25 028.51 14-Aug-06 NESC 2 742.00 59 656.31 - 5 381.11 2 759.85 14'h585.70 ss 2986 17 507.06 ss 2987 2 292.08 ss 2988 ss 2989 29 947.28 7 806.91 33 821.61 24 178.67 1,944.08 18 815.59 2 421.76 74 294.61 so 524.62 1 415.59 5 950.00 3 490.00 3 382.80 29 104.61 300.00 6 855.00 795 227.78 19 430.10 2 487.98 17,093.07 25 028.51 59 656.31 5 381.11 144,585.70 17 507.06 <

CIR vs. Transnational Plans, Inc. Page 26 of 59 CTA EB No. 1337 {CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 {CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 55 2990 14-Aug-06 No. NESC Register Collection 55 2991 14-Aug_-06 48290 NCT 161110.75 0.78 55 2992 14-Aug-06 48291 NCT 208 693.32 9.24 161110.75 55 2993 14-Aug-06 48292 NESC 13 896.49 8.55 208 693.32 55 2994 14-Aug-06 48293 NYKFJSC-MANILA 6 543.84 55 2995 14-Aug-06 48294 TDGI 8 932.36 2.51 13 896.49 55 2996 14-Aug-06 48295 TDGI 24 790.80 2.60 6 543.84 55 2997 14-Aug-06 48296 TDG Asia 738.57 22.20 8 932.36 55 2999 14-Aug-06 48297 NYK-FIL SMI 6 366.21 24 790.80 55 3000 14-Aug-06 48299 TLI 78 829.35 55 2001 31-Jul-06 48300 Jacob Antonio 1 246.29 738.57 55 2002 31-Jul-06 48301 Rosauro Robles 1 361.00 6 366.21 55 2003 31-Jul-06 48302 Rosauro Robles 2 712.00 78 829.35 55 2004 31-Jul-06 48303 Go Adelmo 452.00 1 246.29 55 2005 31-Jul-06 48304 Liza Ugat 1 825.00 1 361.00 55 2006 31-Jul-06 48305 Castor Gildie 625.00 2 712.00 55 2007 31-Jul-06 48306 Dimaano Edna 5 400.00 55 2008 31-Jul-06 48307 Roberto Daniel Solis 690.00 452.00 55 2009 31-Jul-06 48308 Lustre Lester 1 371.50 1 825.00 55 2010 31-Jul-06 48309 Tizon Rex 4 066.00 55 2011 31-Jul-06 48310 Salas Victor Edwin 1626.00 625.00 55 2012 31-Jul-06 48311 Panganiban Leo 5 207.00 5 400.00 55 2013 31-Jul-06 48312 Breqanza Joseph 1178.25 55 2014 31-Jul-06 48313 Robert Selgas 9 637.32 689.22 55 2015 31-Jul-06 48314 Alvarado Mary Jo 23 091.52 1 371.50 55 2016 31-Jul-06 48315 Ibalio,Rujean 1 302.50 4 066.00 55 2017 31-Jul-06 48316 Samartino Gerald 8 922.00 1626.00 55 2018 31-Jul-06 48317 Napila. Cristina 936.00 5 207.00 55 2019 31-Jul-06 48318 Nardo Evelyn 5 000.00 1178.25 55 2020 16-Auq-06 48319 Cabrillas Judy 3 545.00 9 628.08 55 2022 16-Aug-06 48320 Bucala Mary Jane 678.00 23 091.52 55 2023 16-Aug-06 48322 Albacete Jael 14 000.00 1 302.50 55 2024 16-Aug-06 48323 Morales Leonard 1 231.20 8 913.45 55 2025 16-Aug-06 48324 Corpin Richard 4 081.00 55 2026 16-Aug-06 48325 Cabrera Arturo 8 000.00 936.00 55 2027 16-Aug-06 48326 Elizabeth Javier 1 371.50 5 000.00 55 2028 16-Aug-06 48327 Elizabeth Javier 1141.00 3 545.00 55 2032 16-Aug-06 48328 Cadelina Rosita 1141.00 55 2033 16-Aug-06 48332 Cadelina Reynaldo 2 349.00 678.00 55 2034 16-Aug-06 48333 Pascua Jasmin 1 895.43 14 000.00 55 2035 16-Aug-06 48334 Tala George 5 168.00 55 2036 16-Aug-06 48335 Bermudez Gerardo 1448.44 1 231.20 55 2037 16-Aug-06 48336 Amlos, Marvin 4 500.00 4 081.00 55 2039 16-Auq-06 48337 Victoria Yroqiroq, Jr. 42 523.00 8 000.00 55 2040 16-Aug-06 48339 Victoria Yrogirog, Jr. 7 504.82 1 371.50 55 2041 31-Aug-06 48340 Baban Roberto 22 014.00 1141.00 55 2042 31-Aug-06 48341 Ramirez Louie 2 711.80 1141.00 55 2043 31-Aug-06 48342 Artuz Percival 1 238.00 2 346.49 55 2044 31-Auq-06 48343 Roberto Daniel Solis 2 292.50 1 895.43 55 2045 31-Aug-06 48344 Dela Rosa Antonio Jr. 1 371.50 5 168.00 55 2046 31-Aug-06 48345 Villarin Rene 1956.00 1448.44 55 2047 31-Aug-06 48346 Mabel Seachon 2 500.00 4 500.00 55 2048 31-Auq-06 48347 BLasi no, Procesfer 1 361.00 42 523.00 55 2049 31-Aug-06 48348 Morabe Franklin 23 053.20 7 504.82 48349 17 000.00 22 014.00 2 709.20 1 238.00 2 292.50 1 371.50 1956.00 2 500.00 1 361.00 23 031.00 17 000.00

CIR vs. Transnational Plans, Inc. Page 27 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 31-Auq-06 No. Ortega Joy Register 6.15 Collection ss 2050 16-Aug-06 48350 Leyva Leeberti 9 290.00 1138.80 16-Aug-06 48351 Escalante Anselmo 2 000.00 284.70 9 290.00 55 2051 16-Aug-06 48352 Escalante Anselmo 412.20 861.20 55 2052 16-Aug-06 48353 Emmanuel Bertolano 1 619.50 1,014.00 127.50 55 2053 16-Aug-06 48354 EMMANUEL BERTOLANO 4 107.54 2 562.30 605.50 55 2054 16-Aug-06 48355 De Jesus, Christopher 6 151.26 4 244.50 55 2055 16-Auq-06 48356 Florencio Enotorio 912.78 1 545.24 55 2056 16-Aug-06 48357 Rabuva Nelson 12,614.82 569.40 1 906.76 55 2057 22-Aug-06 48359 Cainta Romulo 1 382.00 6 592.95 55 2059 22-Aug-06 48360 De Leon Janice 6 547.16 343.38 55 2060 22-Aug-06 48361 Abuso AI Tiu 8 226.00 3,395.60 6,021.87 16-Aug-06 48362 DECENA YUSEN 5 491.95 1 382.00 ss 2061 16-Aug-06 48363 AMBULO YUSEN 14 671.36 854.10 3 151.56 16-ALJg-06 48364 TRUCKNET YUSEN 21 530.45 854.10 8 226.00 55 2062 16-Aug-06 48365 NEWTOP YUSEN 13 712.72 855.40 5 485.80 55 2063 16-Aug-06 48366 VAS BROKERAGE 21940.35 569.40 14 671.36 55 2064 22-Aug-06 48367 Pareja Josephine Sussana 6,086.17 284.70 21 530.45 55 2065 22-Aug-06 48371 Grace Mapalad 1 237.78 13 712.72 55 2066 22-Aug-06 48372 Diesmos Tessa 1 369.00 416.65 6.17 21 940.35 55 2067 22-Aug-06 48373 Choy, Louella 1 239.40 833.30 6 086.17 55 2071 31-Aug-06 48374 Divina Pelobello 913.00 284.70 55 2072 31-Auq-06 48375 Acuna Grace 456.39 1,138.80 383.68 55 2073 31-Aug-06 48377 Gerry Liad 712.20 514.90 55 2074 31-Aug-06 48378 Del Mundo Ernesto 500.00 572.00 384.00 31-Aug_-06 48379 Margie Yap 500.00 643.50 343.60 ss 2075 31-Aug-06 48380 Ellen Flores 650.00 4,015.05 171.69 ss 2077 31-Aug-06 48381 Lopez Charisse 603.90 712.20 31-Aug-06 48383 Grace Beriso 1 507.80 1423.50 500.00 55 2078 31-Auq-06 48384 Garcia Ma. Regina 456.39 426.40 500.00 55 2079 31-Aug-06 48385 Zapanta Roberto 1 825.56 142.35 650.00 55 2080 31-Aug-06 48387 Fermin Miriam 29 826.17 187.25 55 2081 31-Aug-06 48388 Fermin Miriam 520.72 3 558.75 674.50 55 2083 31-Aug-06 48389 Abellon Maria Noelane 652.02 171.69 55 2084 31-Aug-06 48390 Dalumpines Bonifacio 3 324.47 6 843.20 686.76 55 2085 31-Aug-06 48391 Bernabe Bernard 6 574.83 29 826.17 55 2087 31-Aug-06 48392 Bisares Marieta 2,282.00 569.40 (51.28) 55 2088 31-Au_g-06 48393 Macaspac Concepcion 685.00 55 2089 31-Aug-06 48395 Pizzatek & Food Corp. 809.57 507.00 0.78 8.52 55 2090 31-Aug-06 48396 Noly Canonoy 2 466.12 (696.75) 55 2091 31-Aug-06 48397 Dela Cruz, Elenita 5,705.00 6 574.83 55 2092 14-Aug-06 48398 TLI 200.00 55 2093 16-Aug-06 48401 Lao Guico Ma. Veronica 8 280.06 858.50 14-Aug-06 48403 JRD-FILJAPAN 10 797.20 258.60 ss 2095 14-Aug-06 48404 ADTOURS 292 235.20 667.22 31-Aug-06 48405 ADTOURS 27 344.31 2 466.12 55 2096 16-Aug-06 48406 Rowena De Leon 3 684.74 2,146.25 55 2097 18-Aug-06 48407 NEO MARINE CREW 1 062.80 200.00 55 2098 24-Auq-06 48408 VROON CREW 42 538.30 8 280.06 55 3101 25-Aug-06 48410 DISNEY MAGIC 111 044.80 3 954.00 55 3103 14-Aug-06 48411 DOMINOS-TRANSAM 173 800.91 292 235.20 55 3104 14-Aug-06 48412 DOMINOS-TRANSAM 1 837.88 27,344.31 55 3105 14-Aug-06 48413 TFSC 1 825.58 3 684.74 55 3106 16-Aug-06 48414 Sison Wilfredo 1,825.58 493.40 55 3107 48415 814.00 42 538.30 55 3108 111 044.80 55 3110 173 800.91 1 837.88 ss 3111 1 825.58 1825.58 55 3112 306.22 55 3113 55 3114 55 3115

CIR vs. Transnational Plans, Inc. Page 28 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 55 3117 22-Aug-06 No. Casugbu Linaflor Register 10 270.00 15.80 Collection 55 3118 16-Aug_-06 48417 Bondoc Nino Anthony 14 899.40 55 3119 31-Aug-06 48418 TCL 2 931.15 447.20 28.90 4 613.60 55 3120 22-Aug-06 48419 Rectin Janet 7 111.15 2 931.15 55 3121 22-Aug-06 48420 Rectin Janet 648.10 855.40 55.30 7 111.15 55 3122 16-Aug-06 48421 CASSC 351.90 55 3123 16-Aug-06 48422 CASSC EMPLOYEE 21 764.57 11.92 172.00 55 3124 31-Aug-06 48423 TRANS M EMPLOYEE 5 722.50 351.90 55 3125 16-Aug-06 48424 TRANS M EMPLOYEE 734.76 4.12 21 764.57 55 3126 22-Aug-06 48425 Suniga Domarie 734.76 13.00 5 722.50 55 3127 22-Aug-06 48426 Suniga Domarie 1421.30 734.76 55 3128 22-Aug-06 48427 Del Ayre Homer 3 791.82 734.76 55 3129 31-Aug-06 48428 MMI 3 719.20 510.60 55 3130 31-Aug-06 48429 MMI 42 893.76 3 791.82 55 3131 31-Aug-06 48430 Ilaga Adoracion 42 577.39 3 719.20 55 3132 31-Aug_-06 48431 KMTC 33.83 42 893.76 55 3133 31-Aug-06 48432 Cecil Agbanglo 647.94 42 577.39 55 3134 31-Aug-06 48433 Dan C. Florentino 10 000.00 55 3135 31-Aug_-06 48434 Dan C. Florentino 19 359.00 33.83 55 3136 31-Aug-06 48435 Soriano Felix c/o Cristy 85.69 647.94 55 3137 31-Aug-06 48436 Dionisio Marian 3 332.56 10 000.00 55 3138 31-Aug-06 48437 Barcebal Cybille 10 644.56 19 359.00 55 3139 31-Aug-06 48438 DOLPHIN - MANDARA 9 060.00 55 3140 25-Aug-06 48439 MANDARA CREW 3 072.00 85.69 55 3141 25-Aug-06 48440 DALEX CREW 93 928.12 3 332.56 55 3142 25-Aug-06 48441 MAUNLAD CREW 19 459.21 10 632.64 55 3143 25-Aug-06 48442 CASTAWAY CAY 12 868.10 9 060.00 55 3144 25-Aug-06 48443 CADENZA CREW 456.40 3 072.00 55 3145 25-Aug-06 48444 Alamat Crew 73 467.22 93 928.12 55 3146 25-Aug_-06 48445 DISNEY WONDER 33 798.26 19 459.21 55 3148 25-Aug-06 48446 DISNEY MAGIC 164 364.09 12 868.10 55 3149 25-Aug-06 48448 PROSPERIDAD CREW 179 658.65 55 3150 25-Aug-06 48449 MAUNLAD CREW 19 252.26 456.40 55 3151 22-Aug-06 48450 Bachain Rubelyn 24 858.56 73 467.22 55 3152 22-Aug-06 48451 Gerero Marjohn 3 316.00 33 798.26 55 3153 22-Aug-06 48452 Cacananta Mary Jane 3 108.00 164 364.09 55 3154 22-Auq-06 48453 Cacananta Mary_Jane 2 638.00 179 658.65 55 3155 22-Aug-06 48454 Piogao Violeta 2 638.00 19 252.26 55 3156 22-Aug-06 48455 LLOBRERA RAYMOND 14 805.48 24 858.56 55 3157 31-Aug-06 48456 Elvira Ramos 5 000.00 55 3158 31-Aug-06 48457 LEILA GONZAGA 3 677.42 3 316.00 55 3159 31-Aug-06 48458 Jose Marino Labrador 1119.00 3 108.00 55 3160 31-Aug-06 48459 San Jose Bienvenido 2 475.20 2 638.00 55 3161 31-Aug_-06 48460 Asiana Philippines 15 300.00 2 638.00 55 3163 31-Aug-06 48461 MMI CREW 4 343.58 14 805.48 55 3164 31-Aug-06 48463 De Leon Noel 144 894.49 5 000.00 55 3165 31-Aug-06 48464 TMDC 1 000.00 3 673.30 55 3166 31-Aug-06 48465 Perinas, Caesper Irvi 13 338.82 1119.00 55 3167 31-Aug-06 48466 Sevilla Frits 962.80 2 475.20 55 3168 28-Sep-06 48467 Sonny Safranca 3 020.00 15 300.00 55 3169 29-Sep-06 48468 MMI EMPLOYEES 12 376.60 4 343.58 55 3170 30-Sep-06 48469 TMDC 24 668.58 144 894.49 55 3171 48470 Cafe Anthony_ 7 164.28 1 000.00 55 3172 28-5~-06 48471 Cornejo Arnulfo 8 161.00 13 338.82 48472 12 213.00 28-Sep-06 962.80 3 020.00 12 376.60 24 668.58 7 164.28 8 161.00 12 200.00

CIR vs. Transnational Plans, Inc. Page 29 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 55 3201 31-Aug-06 No. Julie Apilan Register Collection 55 3202 31-Aug-06 48501 Valdez Denise 5 484.00 5.60 55 3203 31-Auq-06 48502 Reodica Rowena 5 840.80 5 484.00 55 3204 31-Aug-06 48503 Magracia Danny 7 918.00 1 365.00 3.96 5 835.20 31-Aug-06 48504 Vedad Bejie 2 546.00 3.13 7 918.00 - 31-Auq-06 48505 Lindo, Lauro 1630.56 2 546.00 31-Aug-06 48506 Quilala Emilio 150.00 2.10 1630.56 55 3206 31-Aug-06 48507 Quilala Jr. Emilio 2 877.00 7.80 55 3207 31-Aug-06 48508 Gofredo Joan 2 799.00 3.74 150.00 55 3208 31-Aug-06 48509 Jubilan Jonathan 4 649.75 3.00 2 877.00 31-Aug-06 48510 Galuan Genny 8 161.00 2 799.00 - 31-Aug-06 48511 Majarocon Glenn 1 510.00 2.97 4 649.75 31-Auq-06 48512 Gersava Anecito 1 303.00 8 161.00 55 3210 31-Aug-06 48513 Galagar Andrew 4 086.28 7 215.00 15.25 1 510.00 55 3211 31-Aug-06 48514 Belleza Ivan 3 000.00 1 303.00 55 3212 31-Aug-06 48515 Corona Glenda 3 260.13 1.05 4 082.32 55 3213 31-Auq-06 48516 Corona Glenda 24 454.94 4.70 3 000.00 55 3214 31-Aug-06 48517 Salloman Jerryben 3 912.00 3 257.00 55 3215 31-Aug-06 48519 Sarmiento Werner 2 190.30 15.25 24 454.94 55 3216 28-SeQ-06 48520 Salas, Venancio Jr. 8135.80 3 912.00 55 3217 31-Aug-06 48522 Catiqan Amado 15 393.00 55 3219 31-Aug-06 48524 Cortez Teody 3 911.24 823.20 55 3220 28-Sep-06 48525 Suarez Domingo 3 129.00 8 128.00 55 3222 28-Sep-06 48526 Jeremy Dollete 2 546.00 15 393.00 55 3224 28-Sep-06 48527 Fredie Clarin 2 362.94 3 907.50 55 3225 28-Sep-06 48528 Guingahan Nonilon 2 313.00 3 126.00 55 3226 28-Sep-06 48529 Bito-on Oligario Jr. 813.00 2 546.00 55 3227 28-Sep-06 48530 Diqamon Gilbert 3 098.97 2 362.94 55 3228 28-Sep-06 48531 Geronga Jobie 2 280.00 2 313.00 55 3229 28-Sep-06 48532 Aplacador Agapito 8 628.00 55 3230 28-SeQ_-06 48533 Reales Loreto 1 060.00 813.00 55 3231 28-Sep-06 48534 Manqadap Jr. Elpidio 1 032.00 3 096.00 55 3232 28-Sep-06 48535 Arnulfo V. Jusay 2 910.00 2 280.00 55 3233 28-Sep-06 48536 Nombrado Herminigildo 1 298.00 8 628.00 55 3234 28-Sep-06 48537 Alvin Gudelos 15 906.25 1 060.00 55 3235 28-Sep-06 48538 Javellonar Armando 1 302.50 1 032.00 55 3236 28-Sep-06 48539 Mendez Fernando 10 456.20 2 910.00 55 3237 28-Sep-06 48540 Wilfe C. Aranador 1 099.34 1 298.00 55 3238 28-Sep-06 48541 Daquro Jose Roden 4 759.35 15 891.00 55 3239 28-Sep-06 48542 Estares Joseph 6 061.19 1 302.50 55 3240 28-Sep-06 48543 Garcia Darwin 2 137.50 3 241.20 55 3241 28-Sep-06 48544 Luague Vivencio 8 402.62 1 098.29 55 3242 28-Sep-06 48547 Dechoson Nelson 5 691.00 4 754.65 55 3243 28-Sep-06 48549 Initay, Epifanio 4 795.00 6 061.19 55 3244 31-Aug-06 48550 Sangdaan Joseph 506.00 2 137.50 55 3247 31-Aug-06 48551 Sollesta Sheen 2 108.00 8 402.62 55 3249 31-Aug-06 48552 Tanes Raymund 2 900.00 5 691.00 55 3250 31-Aug-06 48553 Fabian, Ramon 1 371.30 4 795.00 55 3251 31-Aug-06 48554 Tan Charlene Vee 1 368.00 31-Aug_-06 48555 Edna Dimaano 13 618.25 506.00 - 31-Aug-06 48556 Zamora Allan 690.00 2 108.00 31-Aug-06 48557 Manliclic Melvinne 2 041.00 2 900.00 55 3253 31-Aug-06 48558 Navarro Geraldine 3 668.00 1 371.30 55 3254 31-Aug-06 48559 Opialda Rael 3 696.41 1 368.00 55 3255 48560 12 500.00 13 603.00 55 3256 55 3257 690.00 55 3258 2 041.00 3 668.00 - 3 696.41 12 500.00 55 3260

CIR vs. Transnational Plans, Inc. Page 30 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION OR Collection per Adjusted Register Collection Exhibit Date No. Client 1 231.20 TFC DST 55 3261 31-Aug-06 589.25 1 231.20 55 3262 31-Aug-06 48561 Albacete Jael 2 738.40 51.32 589.25 55 3263 31-Auq-06 4 669.44 14.50 55 3264 28-Sep-06 48562 Panganiban, Leo 5 000.00 2 738.40 55 3265 28-Sep-06 2 282.00 4 669.44 55 3266 28-Sep-06 48563 Letrero Damian 695.87 5 000.00 55 3267 28-Sep-06 1 500.00 2 282.00 55 3268 28-Sep-06 48564 Quijano, Rosalie 1,400.00 55 3269 28-Sep-06 310.20 695.87 55 3270 28-Sep-06 48565 Redoble Rex 12 150.00 1 500.00 55 3271 28-Sep-06 2,439.00 1400.00 55 3272 28-Sep-06 48566 Joe Marie De Ia Serna 3 739.00 55 3273 28-Sep-06 913.00 310.20 55 3274 28-Sep-06 48567 Villagonzalo Mary Jane 977.00 12 150.00 55 3275 28-Sep-06 2,000.00 55 3276 28-Sep-06 48568 Cabrillas Judy 24 615.00 2,439.00 55 3277 28-Sep-06 1626.00 3 739.00 55 3278 28-Sep-06 48569 Ramil Lobitos 1 361.00 55 3279 28-Sep-06 1,361.00 913.00 55 3280 28-Sep-06 48570 Liza Uqat 2 742.54 977.00 55 3281 28-Sep-06 11 030.00 2 000.00 55 3282 28-Sep-06 48571 Dennis Goyena 791.40 24,615.00 55 3283 28-Sep-06 5 210.00 1626.00 55 3284 28-Sep-06 48572 Bautista Filipino 1 800.00 1 361.00 55 3285 30-Sep-06 2 282.00 1 361.00 55 3286 30-Sep-06 48573 Salvador Johanesh 933.00 2 742.54 55 3287 30-Sep-06 959.00 11 030.00 55 3288 30-Sep-06 48574 Go Adelmo 13 713.00 791.40 55 3289 30-Sep-06 2 750.00 5 210.00 55 3290 30-Sep-06 48575 Mangubat Juluis 938.00 1 800.00 55 3291 30-Sep-06 690.00 2 282.00 55 3292 30-Sep-06 48576 Gejon Oliver 7 489.89 933.00 55 3293 30-Sep-06 1 732.82 959.00 55 3294 30-Sep-06 48577 Dennis Martiquilla 2 827.10 13 713.00 55 3295 30-Sep-06 1 238.00 2 750.00 55 3296 30-Sep-06 48578 Tizon Rex 1178.25 938.00 55 3297 30-Sep-06 1 250.00 690.00 55 3298 30-Sep-06 48579 Jacob Grace 53 530.92 7 489.89 55 3302 31-Aug-06 23 980.11 1 732.82 55 3303 31-Aug-06 48580 Jacob Amparo 4 000.00 2 827.10 55 3304 31-Aug-06 15 114.50 1 238.00 55 3305 31-Aug-06 48581 Roberto Daniel Solis 20 000.00 1178.25 55 3306 31-Aug-06 1 371.27 1 250.00 55 3307 31-Aug-06 48582 Genova Renato 31 208.18 53 479.60 55 3308 31-Aug-06 8 767.16 23 980.11 55 3309 31-Aug-06 48583 Remigio Talaga 3 320.00 4 000.00 55 3310 31-Aug-06 4 563.95 15 100.00 55 3311 31-Aug-06 48584 Africa Rosalia 412.59 20 000.00 55 3312 28-Sep-06 3 500.00 1 371.27 55 3313 28-Sep-06 48585 Sanqdaan Joseph 1 521.27 31 208.18 55 3314 28-Sep-06 25 006.89 8 767.16 55 3315 28-Sep-06 48586 Joe Marie De Ia Serna 8 329.64 3 320.00 55 3316 28-Sep-06 5 000.00 4 563.95 55 3317 28-Sep-06 48587 Quilala Jr. Emilio 412.59 3 500.00 48588 _Quilala Emilio 1 521.27 25,006.89 48589 Sanchez Raul 8 329.64 5 000.00 48590 Mariano Rodel 48591 Samartino Gerald 48592 Dimaano Edna 48593 Azarcon Evangeline 48594 Cadelina, Reynaldo 48595 Cadelin~ Rosita 48596 Ramirez, Louie 48597 Panganiban Leo 48598 Villarin Rene 48602 Dacana'l, Maria Jeanette 48603 Ramos Wilson 48604 Melvin B. Maceda 48605 Guianq, Clarinda 48606 Enrique P. Marquez 48607 Aldovino Jeanette 48608 Enrique Marquez 48609 Geromiano Rhollie 48610 Salinas Dexter 48611 Bruan Randy 48612 Austria Edna 48613 Bayonon_L Rechelle 48614 Marlou Acasio 48615 Castel Vicentito 48616 Mislang, Sixto Jr. 48617 Joel Jimenez

CIR vs. Transnational Plans, Inc. Page 31 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION OR Collection per Adjusted Collection Exhibit Date No. Client Register TFC DST 64.13 9 935.87 ss 3318 28-Sep-06 48618 Sace Maria Begona 10 000.00 29.61 7 736.76 19 104.00 ss 3319 28-Sep-06 48619 Arsulo Robert 7 736.76 38.55 17 065.84 1.45 16 327.52 ss 3321 28-Sep-06 48621 Sumalpong, Paquito 19 133.61 3 506.86 15.25 1148.34 ss 3322 28-Sep-06 48622 Jobelyn Riosa 17 065.84 15.25 9,994.00 2 792.54 ss 3323 28-Sep-06 48623 Riosa Jobelyn 16 327.52 3.76 6 004.02 4.12 3 688.87 ss 3324 28-Seo-06 48624 Jayson David 3 506.86 200.00 ss 3325 28-Sep-06 48625 Joel Jimenez 1148.34 12 430.00 ss 3326 28-Sep-06 48626 Cajilog, Helen Monica 9 994.00 2,000.00 2 678.00 ss 3327 28-Sep-06 48627 Bales Gaylord 2 792.54 2,792.54 26 890.00 ss 3328 28-Sep-06 48628 Del Mar Manuel Jr. 6 004.02 36 422.00 3 020.00 ss 3329 28-Sep-06 48629 Sanguir Gerardo 3 688.87 1 510.00 15,991.00 ss 3330 28-Sep-06 48630 Carlos Yu 200.00 15,991.00 18,500.00 ss 3331 28-Sep~06 48631 Cadavos, Rodolfo 12 430.00 17 259.00 15 000.00 ss 3332 28-Sep-06 48632 Cadavos Rodolfo 2,000.00 10 380.00 10 000.00 ss 3333 28-Sep-06 48633 Yong, Camilo 2,678.00 4 996.24 5 000.00 ss 3334 28-Sep-06 48634 Joner Nino 2,792.54 4 291.00 19,147.75 ss 3335 28-Sep-06 48635 Gubaton Miguel Jr. 26 890.00 14 353.83 55 354.61 ss 3336 28-Sep-06 48636 Gubaton Miguel Jr. 36 460.55 29 220.07 20 850.62 ss 3337 29-Sep-06 48637 Tortosa Christopher 3 020.00 1944.08 124 459.86 ss 3338 29-Seo-06 48638 Peoito Friend 1 511.45 14 131.54 201472.83 ss 3339 29-Sep-06 48639 Andrada Rebecca 16,006.25 109 401.41 109 781.20 ss 3340 29-Sep-06 48640 Cruz Cherry! 16 006.25 5 391.68 16 407.29 ss 3341 29-Sep-06 48641 Valencia Rolita 18,500.00 35 809.93 9 549.32 ss 3342 29-Sep-06 48642 De Guzman Gladys 17 259.00 7 835.20 ss 3343 29-Sep-06 48643 Andres Carmelita 15 000.00 624.16 1166.42 ss 3344 29-Sep-06 48644 Manansala Joseph 10 380.00 412.60 ss 3345 29-Seo-06 48645 Suriben Maria Louwella 10 000.00 3 714.23 ss 3346 28-Sep-06 48646 Alquezor Maria Suzanne 5 000.00 646.53 1 297.36 ss 3347 28-Sep-06 48647 Quiambao Katherine Liz 5,000.00 678.82 ss 3348 28-Sep-06 48648 Bolante Dolores 4,295.12 29 164.14 ss 3351 25-Aug-06 48651 MATATAG CREW 19/147.75 ss 3352 25-Aug-06 48652 KAGITINGAN CREW 14 353.83 ss 3353 28-Aug-06 48653 LAWIN CREW 55 354.61 ss 3354 28-Aug-06 48654 EXITO CREW 29 220.07 ss 3355 28-Aug-06 48655 IDEAL CREW 20 850.62 ss 3356 28-Aug-06 48656 HARMONY CREW 1944.08 ss 3358 28-Aug-06 48658 VROON CREW 124,459.86 ss 3359 28-Aug-06 48659 KYOKKO CREW 14L131.54 ss 3360 28-Aug-06 48660 HOKOKU-DOLPHIN 201472.83 ss 3361 28-Aug-06 48661 TMM CREW 109 401.41 ss 3362 28-Aug-06 48662 FETRAN CREW 109 781.20 ss 3363 28-Aug-06 48663 TDGI 5 391.68 ss 3364 28-Aug-06 48664 TESI 16 407.29 ss 3365 28-Aug-06 48665 TCL 35 809.93 ss 3366 28-Aug-06 48666 TCL 9 549.32 ss 3368 31-Aug-06 48668 American Express 7 835.20 ss 3369 31-Aug-06 48669 HARMONY EMPLOYEE 624.16 ss 3371 31-Aug-06 48671 Kapalaran Crew 1166.42 ss 3372 31-Aug-06 48672 PROSPERIDAD EMPLOYEE 412.60 ss 3374 31-Aug-06 48674 NEO MARINE EMPLOYEE 3 714.23 ss 3375 31-Aug-06 48675 EXITO EMPLOYEE 646.53 ss 3376 31-Aug-06 48676 Cadenza Emp 1 297.36 ss 3377 31-Aug-06 48677 LAWIN EMPLOYEE 678.82 ss 3378 31-Aug-06 48678 DOLPHIN MGMT 29 164.14

CIR vs. Transnational Plans, Inc. Page 32 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 55 3379 31-Aug-06 No. DOLPHIN MGMT Register Collection 55 3380 31-Aug-06 48679 TLI 11 275.79 3 412.50 55 3381 31-Aug-06 48680 TLI 51 981.48 11 275.79 55 3382 31-Aug-06 48681 TLI 7 215.22 507.00 0.78 51 981.48 55 3383 31-Aug-06 48682 TLSC 6 216.01 20.67 55 3386 31-Aug-06 48683 TLSC-TLI 2 048.20 13,435.50 7 215.22 55 3388 31-Aug-06 48686 Operana Edgar 3 918.05 484.90 6 216.01 55 3389 31-Aug-06 48688 Edgar Operana 5 950.00 569.40 2 048.20 55 3390 31-Aug-06 48689 Transnational Logistics Sol. C 3 490.00 569.40 3 918.05 55 3391 31-Aug-06 48690 NCT 8 563.03 2 537.50 55 3392 31-Aug-06 48691 NYKFJSC-MANILA 11848.25 284.70 3 490.00 55 3393 31-Aug-06 48692 NYK-FIUAPAN 14 530.68 284.70 8 563.03 55 3394 31-Aug-06 48693 NYK-FIUAPAN 78 829.85 1 014.00 11 848.25 55 3395 31-Aug-06 48694 NYK FJSC 8/06 80 402.66 14 530.68 55 3396 31-Aug-06 48695 NESC 15 788.78 569.40 3.75 78 829.85 55 3397 31-Aug-06 48696 NESC 35 290.73 80 402.66 55 3899 28-Sep-06 48697 Sison Wilfredo 6 292.40 3 217.50 15 788.78 55 3400 29-Sep-06 48699 JRD 814.00 806.00 35 290.73 55 3401 31-Aug-06 48700 Noel Manalang 288 346.21 609.70 6 292.40 55 3402 31-Auq-06 48701 ESCARAN WILFREDO 19 491.81 55 3403 31-Aug-06 48702 Villeno Elena 1 361.00 854.10 306.22 55 3404 31-Aug-06 48703 Carpio Judy Ann 912.78 288 346.21 55 3405 31-Aug-06 48704 Arnulfo Bayot Jr. 825.40 2 437.50 55 3406 31-Aug-06 48705 Estrada Jusmon 1 026.00 1992.90 6 035.64 55 3407 31-Aug-06 48706 Escalante Anselmo 456.39 876.10 55 3408 31-Aug-06 48707 Escalante,Anselmo 412.20 1 014.00 13.80 343.38 55 3409 31-Aug-06 48708 YUSEN STAFF 1 619.52 683.80 4.44 256.00 55 3410 31-Aug-06 48709 YAS BROKERAGE 5 727.54 778.05 55 3411 31-Aug-06 48710 DECENA YUSEN 10 039.35 1 026.00 55 3412 31-Aug-06 48711 NEWTOP YUSEN 14 671.36 2 886.00 171.69 55 3413 31-Aug-06 48712 TRUCKNET YUSEN 21940.35 1 883.70 127.50 55 3414 31-Aug-06 48713 AMBULO YUSEN 13 712.72 605.52 55 3415 31-Aug-06 48714 Matawara Rea 21 530.45 55 3416 31-Aug-06 48715 Yap, Margie 825.18 5 727.54 55 3417 31-Auq-06 48716 Carimponq Cynthia 650.00 10 039.35 55 3418 31-Aug-06 48717 Serrano Renaldo 4 662.90 14 671.36 55 3419 31-Aug-06 48718 Ofalsa Rhodora 1 292.00 21940.35 55 3420 31-Aug-06 48719 Liad Gerry 883.59 13 712.72 55 3421 31-Auq-06 48720 Pareia Josephine Sussana 500.00 21 530.45 55 3422 31-Aug-06 48721 Del Mundo Ernesto 1 237.78 55 3423 31-Aug-06 48722 Rabanal Jesusa 500.00 255.78 55 3424 31-Auq-06 48723 Brucelo Mvlene 3 912.75 650.00 55 3425 31-Aug-06 48724 Jane Figueras 3 771.13 1445.40 55 3426 31-Aug-06 48725 Gubaton Miguel Jr. 6 014.40 486.00 55 3427 31-Aug-06 48726 Gubaton,Miguel Jr. 13 027.08 273.89 55 3428 28-Sep-06 48727 Esteban Marcelo 13 013.40 500.00 55 3429 28-Sep-06 48728 Cayabyab Bernardita 1470.00 383.68 55 3430 28-Sep-06 48729 Myleen Salvador 1 096.18 500.00 55 3432 28-Sep-06 48730 Pono Ritche 994.27 1471.50 55 3433 28-Sep-06 48732 Dinglasan Lea Carmen 4 915.44 1 778.23 55 3434 28-Sep-06 48733 Florencio Enotorio 4 186.92 6 014.40 55 3436 28-Sep-06 48734 Dela Victoria Nicolas 3 170.00 13 027.08 55 3437 29-Sep-06 48736 Sobremonte Emilio 60 268.45 12 999.60 55 3438 29-Sep-06 48737 Parafina Joel 31449.60 456.00 48738 44 928.00 412.38 216.22 4 915.44 1 296.48 1 286.30 60 268.45 31449.60 44 928.00

CIR vs. Transnational Plans, Inc. Page 33 of 59 CTA EB No. 1337 {CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 55 3439 29-Sep-06 No. Parafina, Joel Register Collection 55 3440 28-Sep-06 48739 Divina Pelobello 1,321.70 284.70 55 3442 28-Sep-06 48740 Napila Cristina 456.39 1 321.70 55 3443 28-Sep-06 48742 Cayco Nestor 5 000.00 284.70 171.69 55 3444 28-Sep-06 48743 Rea Matawaran 8 667.67 55 3445 28-Sep-06 48744 Mangabat Mark Bryan 3 183.10 5 000.00 55 3447 30-Sep-06 48745 Talamor Ronnie 1 000.00 8 667.67 55 3450 28-Sep-06 48747 Grace Beriso 29 392.62 3 183.10 55 3451 13-Sep-09 48750 VISION AIR 456.39 1 000.00 55 3452 29-Sep-06 48751 ASIANA PHILS. 825.19 29 392.62 55 3453 29-Sep-06 48752 ASIANA PHILS. 4 343.58 55 3454 28-Sep-06 48753 Benedicta Salvador 4 343.58 171.69 55 3455 29-Sep-06 48754 Antonelli Realty Holdings 25 000.00 825.19 55 3456 29-Sep-06 48755 Antonelli Realty Holdings 3 186.15 4 343.58 55 3457 28-Sep-06 48756 Del Ayre Homer 796.54 4 343.58 55 3458 28-Sep-06 48757 Dan C. Florentino 3 719.20 25 000.00 55 3459 28-Sep-06 48758 Dan C. Florentino 19 152.31 3 186.15 55 3461 30-Sep-06 48759 Transnational Logistics Sol. C 33.61 796.54 55 3462 30-SeQ-06 48761 Transnational Loijistics Sol. C 10 866.28 3 719.20 55 3463 30-Sep-06 48762 FIT MANILA 8 563.03 19 152.31 55 3464 28-Sep-06 48763 Lao Guico Ma. Veronica 1 553.60 55 3465 28-Sep-06 48764 Sobremonte, Rogelio 10 797.20 33.61 55 3466 28-Sep-06 48765 Sobremonte Rogelio 6 198.50 10 866.28 55 3467 29-Sep-06 48766 Lao Ma. Veronica 1 239.70 8 563.03 55 3470 29-Sep-06 48767 VROON CREW 50.00 55 3471 30-Sep-06 48770 MANDARA CREW 76 271.92 1 553.60 55 3472 30-Sep-06 48771 PROSPERIDAD CREW 1 078.00 10 797.20 55 3473 29-Sep-06 48772 DOLPHIN MGMT 13 625.03 6 198.50 55 3474 30-Sep-06 48773 TESI 5 798.43 55 3475 30-Sep-06 48774 TDC 15 341.06 1 239.70 55 3476 30-Sep-06 48775 TDGI 714.38 50.00 55 3477 30-Sep-06 48776 TDGI 9 097.43 55 3478 30-SeQ-06 48777 DOMINOS-TRANSAM 1 293.93 76 271.92 55 3479 30-Sep-06 48778 CADENZA CREW 1825.60 1 078.00 55 3480 30-Sep-06 48779 HARMONY CREW 127 099.11 55 3481 30-Sep-06 48780 TDC 11 309.18 13 625.03 55 3482 30-Sep-06 48781 TDC 1 042.00 5 798.43 55 3483 30-Sep-06 48782 CASSC EMPLOYEE 591.18 15 341.06 55 3484 30-Sep-06 48783 CASSC EMPLOYEE 4 759.70 55 3485 30-Sep-06 48784 CASSC EMPLOYEE 4 759.70 714.38 55 3486 30-Sep-06 48785 Dynamic Asset 7 843.60 9 097.43 55 3487 30-Sep-06 48786 DOLPHIN MET! 1145.72 1293.93 55 3488 30-Sep-06 48787 Transnational Resources Inc. 2 347.69 1825.60 55 3489 30-Sep-06 48788 NEO MARINE CREW 412.60 127 099.11 55 3490 30-Sep-06 48789 MAUNLAD EMPLOYEE 48 912.36 11 309.18 55 3491 30-Sep-06 48790 EXITO CREW 912.79 1 042.00 55 3492 30-Sep-06 48791 KAGITINGAN CREW 33 853.08 55 3493 30-Sep-06 48792 MAUNLAD CREW 12 335.95 591.18 55 3494 30-Sep-06 48793 MATATAG CREW 32 502.24 4 759.70 55 3496 30-Sep-06 48794 LAWIN CREW 19 147.75 4 759.70 55 3497 30-Sep-06 48796 TCL 17 698.56 7 843.60 30-SeQ-06 48797 TCL 7,511.24 1145.72 - 30-Sep-06 48798 EXITO EMPLOYEE 8 364.46 2 347.69 30-Sep-06 48799 LAWIN EMPLOYEE 646.53 55 3499 48800 678.82 412.60 55 3500 48 912.36 912.79 33 853.08 12 335.95 32 502.24 19 147.75 17 698.56 7 511.24 8,364.46 646.53 678.82

CIR vs. Transnational Plans, Inc. Page 34 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 28-Sep-06 No. Bondoc Nino Anthony Register 1 828.45 5.10 Collection ss 3501 28-Sep-06 48801 Evangelista Limpa 2 931.15 ss 3502 28-Sep-06 48802 Evanqelista Limpa 5 189.25 4.35 1102.70 ss 3503 28-Sep-06 48803 Marina Mercado 1 810.75 5 184.15 ss 3504 28-Sep-06 48804 Gerry M. De Guzman 7 488.40 1184.95 5.34 1810.75 ss 3507 28-Sep-06 48807 Gerry M. De Guzman 29 752.16 416.65 7 488.40 ss 3508 28-Sep-06 48808 Mercado Marina 98 936.00 426.40 29 752.16 ss 3509 29-Sep-06 48809 MMS Crew 4 098.75 98 936.00 ss 3510 13-Sep-06 48810 VISION AIR 6 369.19 3 471.00 4 094.40 ss 3511 29-Sep-06 48811 DOLPHIN MGMT 825.19 572.00 6 369.19 ss 3515 29-Sep-06 48815 KYOKKO CREW 381.95 ss 3516 29-Sep-06 48816 HOKOKU-DOLPHIN 25 669.13 825.19 ss 3517 29-Sep-06 48817 TRANSM CREW 201 265.35 381.95 ss 3518 29-Sep-06 48818 FETRAN CREW 98 332.34 25 669.13 ss 3519 29-Sep-06 48819 FETRAN CREW 94 359.58 201 265.35 ss 3520 29-Sep-06 48820 Roger Fagcangan 2 670.68 98 332.34 ss 3521 29-Sep-06 48821 Danilo Tesoro 7 540.58 94 359.58 ss 3522 29-Sep-06 48822 CS PLDT 2 875.95 2 670.68 ss 3523 29-Sep-06 48823 Reynaldo Sanchez 11190.38 7 540.58 ss 3524 29-Sep-06 48824 NYK-Phoenix 5 340.83 2 875.95 ss 3525 29-Sep-06 48825 Roger Fagcangan 10 500.00 11190.38 ss 3526 29-Sep-06 48826 Alfredo Cruz 7 353.86 5 340.83 ss 3527 29-Sep-06 48827 Arnold Pagdilao 6 179.33 10 500.00 ss 3528 29-Sep-06 48828 Jose Bajarin 5 203.46 7 353.86 ss 3530 29-Sep-06 48830 Danilo Tesoro 14 121.98 6 179.33 ss 3531 29-Sep-06 48831 Reynaldo Sanchez 2 560.00 5 203.46 ss 3532 29-Sep-06 48832 Tomas Malabanan 5 208.58 14 121.98 ss 3533 29-Sep-06 48833 DISNEY WONDER 15 585.79 2 560.00 ss 3534 29-Sep-06 48834 E. Faranda 3 197.25 5 208.58 ss 3535 29-Sep-06 48835 Domingo Virtusio 1 066.80 15 585.79 ss 3536 29-Sep-06 48836 Arnel Maigue 16 002.00 3 197.25 ss 3537 29-Sep-06 48837 Crisanto Lumabi 10 681.65 1 066.80 ss 3538 29-Sep-06 48838 Crispin Torevillas 10 671.15 16 002.00 ss 3539 29-Sep-06 48839 Aurelio Flores 2 604.54 10 681.65 ss 3540 29-Sep-06 48840 E. Faranda 5 203.46 10 671.15 ss 3541 29-Sep-06 48841 Arnel Maigue 1 040.38 2 604.54 ss 3542 13-Sep-06 48842 VISION AIR 10 417.15 5 203.46 ss 3543 29-Sep-06 48843 NEO MARINE CREW 2 640.40 1 040.38 ss 3544 29-Sep-06 48844 Crisanto Lumabi 43 603.88 10 417.15 ss 3545 30-Sep-06 48845 TLSC-TLI 10 406.91 2 640.40 ss 3546 29-Sep-06 48846 NLPH (NTVLI & NWT) 3 918.05 43 603.88 ss 3547 29-Sep-06 48847 NTVLI-NYK LOGISTICS 36 355.59 10 406.91 ss 3548 13-Sep-06 48848 VISION AIR 33 171.97 3 918.05 ss 3550 28-Sep-06 48850 Choy, Louella 647.95 36 355.59 ss 3552 28-Sep-06 48852 Gamulo Josefina 913.00 33 171.97 ss 3553 28-Sep-06 48853 Lacandalo Pilardo 8 014.90 647.95 ss 3554 29-Seo-06 48854 ADTOURS-MANILA 29 296.00 913.00 ss 3555 28-Sep-06 48855 Mata Mirasol 51439.56 8 014.90 ss 3556 28-Sep-06 48856 Ellen Flores 2 127.70 29 296.00 ss 3557 28-Sep-06 48857 Bisares, Marieta 603.90 51439.56 ss 3558 28-Sep-06 48858 Ligutom Ma. Carr 685.00 942.75 ss 3559 28-Seo-06 48859 Fermin Miriam 6 522.16 187.25 ss 3560 30-Sep-06 48860 YAS BROKERAGE 829.00 258.60 ss 3562 30-Sep-06 48862 YUSEN OFFICER 6 086.17 3 045.82 ss 3563 48863 10 633.13 257.00 6 086.17 10 633.13 <

CIR vs. Transnational Plans, Inc. Page 35 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 55 3564 30-Sep-06 No. YUSEN OFFICER Register Collection 55 3565 30-Sep-06 48864 YUSEN STAFF 51853.87 1 708.20 45.85 55 3566 28-Sep-06 48865 Del Mundo Ernesto 660.32 1 708.20 51,853.87 55 3567 28-Sep-06 48866 Diesmos Tessa 500.00 660.32 55 3568 28-Sep-06 48867 Leyva Leeberti 50.00 569.40 500.00 29-Sep-06 48868 Mendoza Reginald 2 500.00 855.40 50.00 ss 3569 30-Sep-06 48869 CARPIO, JUDY ANN 2 475.57 855.40 791.80 30-Sep-06 48870 GENOVA RENATO 825.40 29 802.50 767.37 55 3570 28-Sep-06 48871 Diesmos Tessa 1 521.57 256.00 55 3571 28-Sep-06 48872 Frederick Navales 1 239.40 806.00 666.17 55 3572 30-Sep-06 48873 Marqie Yap 43 236.55 854.10 384.00 55 3573 30-Sep-06 48874 Serrano Ronalda 650.00 55 3574 30-Sep-06 48875 Pareja Josephine Sussana 1 342.00 569.40 13 388.20 55 3575 30-Sep-06 48876 Del Mundo Ernesto 1 237.78 284.70 650.00 55 3576 30-Sep-06 48879 Liad Gerry 500.00 536.00 55 3579 30-Sep-06 48880 Acuna Grace 500.00 29.93 383.68 55 3580 30-Sep-06 48881 Bustamante Lorena 825.40 40.80 500.00 55 3581 28-Sep-06 48882 Fenis Loreto 562.20 500.00 55 3582 28-Sep-06 48901 Fenis Loreto 3 534.00 5.25 256.00 55 3601 28-Sep-06 48902 Jerome Palada 8 817.00 277.50 28-Sep-06 48903 De Ia Rosa Vincent Paul 1 371.00 ss 3602 28-Sep-06 48904 Escanan Freddie 3,948.20 3,534.00 ss 3603 28-Sep-06 48906 Abalajon Alfredo 3,020.00 8 817.00 29-Sep-06 48908 Aranjumez Celso 30 130.32 1 371.00 55 3604 28-Sep-06 48909 David Roqer 17 926.24 3 948.20 55 3606 28-Sep-06 48910 Albiol Amadeo 7,533.64 3,020.00 55 3608 28-Sep-06 48911 Tan, Noel 3 236.00 30 100.39 55 3609 28-Sep-06 48912 Molinos Roger 2 606.00 17 926.24 29-Sep-06 48915 Remaneses Richard 38,474.40 7 533.64 ss 3610 30-Sep-06 48917 TMDC 13 824.00 3,236.00 30-Sep-06 48918 TMDC 2 642.70 2 606.00 55 3611 29-Sep-06 48919 Robillos Cid 14,385.06 38 433.60 55 3612 29-Sep-06 48920 Angue Francis 6,725.76 13,824.00 55 3615 30-Sep-06 48921 Cadenza Emp 3 909.00 2 642.70 55 3617 30-Sep-06 48951 DOLPHIN MGMT 1,297.36 14,385.06 30-Sep-06 48952 CASTAWAY CAY 3,031.82 6,725.76 ss 3618 30-Sep-06 48953 DOLPHIN METI 456.40 3,909.00 30-Sep-06 48954 NEO MARINE EMPLOYEE 2 347.69 1,297.36 55 3619 30-Sep-06 48955 Transnational Resources Inc. 2,424.56 3,031.82 55 3620 30-Sep-06 48956 PROSPERIDAD EMPLOYEE 412.60 55 3621 30-Sep-06 48957 KAPALARAN EMPLOYEE 412.60 456.40 55 3651 30-Sep-06 48958 MAUNLAD EMPLOYEE 1166.42 2,347.69 55 3652 30-Sep-06 48959 IDEAL CREW 912.79 2 424.56 55 3653 28-Sep-06 48960 Operana Edgar 21,834.11 55 3654 28-Sep-06 48961 Operana Edgar 5 950.25 412.60 30-Sep-06 48962 MANDARA CREW 3,489.75 412.60 ss 3655 29-Sep-06 48963 NLPH (NTVLI & NWT) 103 517.12 1166.42 ss 3656 30-Sep-06 48964 Intramuros Properties Inc. 18 167.72 912.79 30-Sep-06 48965 NYK NETI 17,616.90 21,834.11 55 3657 30-Sep-06 48966 NYKFIL EMPLOYEE 4,873.47 5 945.00 55 3658 30-Sep-06 48967 NYKFIL EMPLOYEE 4,774.65 3 489.75 55 3659 30-Sep-06 48968 NYKFIL EMPLOYEE 1427.43 103,517.12 55 3660 30-Sep-06 48969 NYK NETI 65 139.09 18,167.72 55 3661 29-Sep-06 48970 Reyes Gerom 38,174.45 17 616.90 55 3662 48971 6 699.27 4,873.47 55 3663 4 774.65 55 3664 1 427.43 65,139.09 ss 3665 38 174.45 6,699.27 55 3666 55 3667 55 3668 55 3669 55 3670 55 3671

CIR vs. Transnational Plans, Inc. Page 36 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION OR Collection per Adjusted Exhibit Date No. Client Register TFC DST Collection Subtotal- Third Quarter p 14,323 725.35 p 294,039.15 p 977.87 p 14,028. 708.33 s 2795 29-Dec-06 48095 ADTOURS-MANILA p 24 024.55 p 24 024.55 29-Nov-06 48368 YAS BROKERAGE 6 086.17 55 2068 24-0ct-06 48473 MMS Crew 6 086.17 6 389.20 55 3173 24-0ct-06 48475 MMI EMPLOYEES 55 3175 24-0ct-06 48476 MMI EMPLOYEES 6 389.20 42 577.39 55 3176 20-0ct-06 48477 Guirre Allan 7 759.35 55 3177 25-0ct-06 48479 TMDC 42 577.39 55 3179 25-0ct-06 48480 TMDC 43 256.44 55 3180 20-0ct-06 48481 Gamba Renerio 7 759.35 2 642.70 55 3181 20-0ct-06 48482 Plantinos, Edgar 55 3182 24-0ct-06 48483 MMI EMPLOYEES 43 256.44 10 852.12 55 3183 24-0ct-06 48484 MMI EMPLOYEES 3 668.00 55 3184 20-0ct-06 48485 Romina Arriaga 2 642.70 55 3185 20-0ct-06 48486 Romina Arriaga 93 173.70 55 3186 30-0ct-06 48487 MMI Crew 10 852.12 7 759.35 55 3187 24-0ct-06 48489 MMI Crew 55 3189 24-0ct-06 48490 MMI Crew 3 671.52 p 3.52 42 877.39 55 3190 28-Nov-06 48491 Portes Wilbert Ira 3 192.00 55 3191 29-Nov-06 48492 Sandig, Percival 93 173.70 2 796.00 55 3192 29-Nov-06 48493 Serna Jhunbie 55 3193 29-Nov-06 48495 Perlie Buenaventura 7 759.35 14 970.00 55 3195 29-Nov-06 48496 Rondilla Nomelle 157 751.86 55 3196 29-Nov-06 48497 Elvira Ramos 42 877.39 146 783.84 55 3197 29-Nov-06 48498 Jose Marino Labrador 55 3198 28-Nov-06 48499 MMI EMPLOYEES 3 192.00 2 672.00 55 3199 28-Nov-06 48500 MMI EMPLOYEES 2 119.50 55 3200 30-0ct-06 48599 Cabrera, Arturo 2 796.00 5 067.00 55 3299 30-0ct-06 48600 Matic Epifania 1922.70 55 3300 27-0ct-06 48649 Sevilla Fernando 14 970.00 1922.70 55 3349 27-0ct-06 48650 Alarcon Roily 3 673.30 55 3350 27-0ct-06 48883 De Leon, Janice 157 751.86 2 475.20 55 3583 30-0ct-06 48884 Habulan Jesus 7 759.35 55 3584 30-0ct-06 48885 Remigio Talaga 146 783.84 6 522.31 55 3585 30-0ct-06 48886 Rotairo Rujen 1 371.50 55 3586 24-0ct-06 48887 cafe Anthony 2 674.60 2.60 8 160.00 55 3587 24-0ct-06 48888 Ang, Michelleynne 29 767.84 55 3588 24-0ct-06 48889 Gasacao Reynaldo 2 119.50 1 369.20 55 3589 24-0ct-06 48891 Cayco Nestor 55 3591 24-0ct-06 48892 De Jesus Christopher 5 072.68 5.68 515.60 55 3592 27-0ct-06 48893 Rectin Janet 4 485.14 55 3593 20-0ct-06 48894 Jotojot Alvin 1922.70 1 773.00 55 3594 27-0ct-06 48895 Codera Delio 55 3595 30-0ct-06 48896 Lopez Charisse 1922.70 432.60 55 3596 20-0ct-06 48897 Ofalsa Rhodora 1 585.10 55 3597 30-0ct-06 48898 Diesmos Tessa 3 677.42 4.12 55 3598 30-0ct-06 48899 Grace Mapalad 512.10 55 3599 30-0ct-06 48900 Clarizza Mendoza 2 475.20 3,330.00 55 3600 30-0ct-06 48923 Cogo Warren 7 170.31 55 3623 30-0ct-06 48924 Rosal Rodolfo E. 7 759.35 55 3624 24-0ct-06 48925 Samulde Ricky 343.38 55 3625 24-0ct-06 48926 Baloria Pedro 6 522.31 105.60 55 3626 24-0ct-06 48927 Reales Loreto 773.85 55 3627 1 371.50 (580.70) 674.50 8 160.00 549.00 384.00 29 767.84 1 332.30 730.00 1 369.20 855.40 4 080.47 1 371.00 p 300.00 8 762.14 4 277.00 50.00 4 131.96 4 107.80 2 334.80 1 032.00 1 002.00 569.40 4 130.50 2 545.40 1 361.00 848.90 10 740.00 7 410.00 7 170.31 912.78 569.40 1 000.00 894.40 2 055.00 1 281.15 1 303.00 1883.70 1 507.80 833.30 1 768.40 1 219.40 1 239.40 855.40 2 186.40 854.10 2 368.00 1 638.00 4,080.47 300.00 50.00 4 131.96 1 032.00

CIR vs. Transnational Plans, Inc. Page 37 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 55 3628 24-0ct-06 No. Bagaforo Henry Register 10.00 Collection 55 3630 24-0ct-06 48928 Tanoja, Gerald John 1421.30 7.80 55 3631 27-0ct-06 48930 Calvez Christopher 813.00 1421.30 55 3632 27-0ct-06 48931 Perina Clarence 9 570.00 0.78 813.00 55 3633 20-0ct-06 48932 Villaruz Ramon H. 5 212.00 55 3634 20-0ct-06 48933 Grafilo Jose 12 342.50 2.22 9 570.00 55 3635 20-0ct-06 48934 Cogo, Nestor 2 776.93 15.25 5 212.00 55 3636 20-0ct-06 48935 Bautista Ariel 12 339.00 64.13 12 342.50 55 3638 30-0ct-06 48936 Mabeza Janel 10 434.00 11.09 2 776.93 55 3639 27-0ct-06 48938 Dimaunahan,Arnel 3 022.90 12 339.00 55 3640 27-0ct-06 48939 Areia Louie 3 261.13 10 424.00 55 3641 27-0ct-06 48940 Edrada Luciano Sr. 1 371.00 3 022.90 55 3642 27-0ct-06 48941 Ricardo Canales 3 702.23 3 261.13 55 3643 27-0ct-06 48942 Lopera, Dale Frederick 8 135.40 1 371.00 55 3644 27-0ct-06 48943 Cantillo Lovendo 977.00 3 702.23 55 3645 27-0ct-06 48944 Carvajal Edthel 2 589.00 8 127.60 55 3647 27-0ct-06 48945 Edberg Moreno 3 432.54 55 3648 27-0ct-06 48947 Crispino Clint 3 673.80 977.00 55 3649 27-0ct-06 48948 Catabay, Victoria 3 260.42 2 589.00 55 3650 27-0ct-06 48949 Marquez, Darling 5 073.34 3 432.54 55 3672 24-0ct-06 48950 Balut Daria Inocencio 1 602.56 3 673.80 55 3673 24-0ct-06 48972 Balut, Daria Inocencio 3 455.87 3 260.42 55 3674 24-0ct-06 48973 Balut Daria Inocencio 2 316.16 5 073.34 55 3675 26-0ct-06 48974 TDC-FIL JAPAN 4 949.40 1 602.56 55 3676 24-0ct-06 48975 TAC 284 451.55 3 455.87 55 3678 24-0ct-06 48976 Evangelista Limpa 1 033.57 2 316.16 55 3679 24-0ct-06 48978 Evangelista Limpa 5 137.92 4 949.40 55 3680 25-0ct-06 48979 INT'L LIMOU SERVICES INC 1862.08 284 451.55 55 3682 25-0ct-06 48980 Dynamic Asset 307.47 1 033.57 55 3683 20-0ct-06 48982 Sison Wilfreda 1145.72 5,137.92 55 3684 26-0ct-06 48983 ADTOURS-MANILA 814.00 1862.08 55 3685 26-0ct-06 48984 ADTOURS-MANILA 18 370.17 55 3686 26-0ct-06 48985 Dan C. Florentino 18 199.48 307.47 55 3687 26-0ct-06 48986 Dan C. Florentino 18 843.38 1145.72 55 3688 25-0ct-06 48987 NESC 83.41 55 3689 26-0ct-06 48988 NESC 7,753.15 813.22 55 3690 24-0ct-06 48989 NYKFJSC-MANILA 156,610.65 18 370.17 55 3692 26-0ct-06 48990 NYK FIL JAPAN 5 447.20 18 199.48 55 3693 26-0ct-06 48992 TDGI 77 780.80 18 843.38 55 3694 25-0ct-06 48993 YAS BROKERAGE 795,227.78 55 3695 30-0ct-06 48994 Francisco Patricia 6,086.17 83.41 55 3696 26-0ct-06 48995 YUSEN OFFICER 27 425.44 7 753.15 55 3697 24-0ct-06 48996 YUSEN STAFF 51153.48 156,610.65 55 3698 24-0ct-06 48997 YUSEN OFFICER 13 985.60 5 447.20 55 3700 25-0ct-06 48998 ASIANA PHILS. 10 483.13 77,780.80 55 3701 27-0ct-06 49000 Alarcon Joy 4 233.58 795,227.78 55 3702 31-0ct-06 49001 Abella Allan 6,000.00 6,086.17 55 3703 24-0ct-06 49002 Jambaro Amorsolo 7,405.50 27 425.44 55 3704 27-0ct-06 49003 Trinidad Princesita 7J96.82 51153.48 55 3705 27-0ct-06 49004 Garque Pedro 2 315.70 13 985.60 55 3706 20-0ct-06 49005 Amido Anna Cristina 12 895.26 10 483.13 55 3707 20-0ct-06 49006 De Guzman Nelia 16 006.25 4 233.58 55 3708 20-0ct-06 49007 Sace Maria Begof\a 6 955.00 6,000.00 55 3709 30-0ct-06 49008 Laguda Joseph 10 000.00 7,405.50 49009 10 658.09 7,796.82 2 313.48 12 895.26 15 991.00 6 955.00 9 935.87 10 647.00

CIR vs. Transnational Plans, Inc. Page 38 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION OR Collection per Adjusted No. Collection Exhibit Date 49010 Client Register TFC DST 55 3710 30-0ct-06 49011 Marlou Acasio 4.12 1 371.27 55 3711 30-0ct-06 49012 Gorospe Theodore 1 371.27 4 495.88 55 3712 30-0ct-06 49013 Selgas Roberto 65.80 68 835.69 55 3713 30-0ct-06 49014 Francisco Gumban 4 500.00 5.80 2 647.00 55 3714 27-0ct-06 49015 Lubuguin Redentor 5.80 7 404.46 55 3715 27-0ct-06 49016 Adona Johanna 68 901.49 5.80 6 040.00 55 3716 27-0ct-06 49017 Alcantara Estrella Grace 5.80 6 040.00 55 3717 27-0ct-06 49018 Balauro, Lany 2 647.00 6 040.00 55 3718 27-0ct-06 49019 Balgoa Shirley 17.40 3 500.00 55 3719 27-0ct-06 49020 cabacungan Carmelo 7 404.46 5.80 6 040.00 55 3720 27-0ct-06 49021 castro Marice! 18 120.00 55 3721 27-0ct-06 49022 Elicano, Xandrea 6 045.80 13.05 15 000.00 55 3722 27-0ct-06 49023 Ledesma Jerthy 1.45 6 040.00 55 3723 27-0ct-06 49024 Pama Hazel 6 045.80 4.35 5 000.00 55 3724 27-0ct-06 49025 Valmeo Barbra Ann 2.90 13 590.00 55 3725 27-0ct-06 49026 Villamayor Marigrace 6 045.80 2 998.55 55 3726 27-0ct-06 49027 Baracera Liza 7.40 4 495.65 55 3727 27-0ct-06 49028 Salcedo Jonathan 3 500.00 3 020.00 55 3728 27-0ct-06 49029 Gabuat Enrico 64.13 6 243.60 55 3729 30-0ct-06 49030 Nunez Redentor 6 045.80 16.47 4 182.48 55 3730 30-0ct-06 49031 Dumale Christopher 9 512.97 55 3731 30-0ct-06 49032 Viray, Alberto 18 137.40 0.92 4 166.28 55 3732 30-0ct-06 49033 Dumale Christogher 0.88 7 121.00 55 3733 30-0ct-06 49034 Alfaras Herman 15 000.00 2 742.54 55 3734 30-0ct-06 49035 Bayocot Roselo 7.83 5 635.08 55 3735 30-0ct-06 49036 Bag-ao,Noel 6 045.80 8 033.83 55 3736 25-Nov-06 49037 Sace Maria Beqofia 6.24 9 935.87 55 3737 25-Nov-06 49038 Rene Murga 5 000.00 15 515.00 55 3738 25-Nov-06 49039 Pioquinto Edgardo 5 635.00 55 3739 28-Nov-06 49040 Gavino Teodolfo 13 603.05 1 067.00 55 3740 28-Nov-06 49041 Gavino Cecilia 1 029.00 55 3741 28-Nov-06 49042 Alvarado Mary Jo 3 000.00 2 605.00 55 3742 28-Nov-06 49043 Macatangay, Santos 18 315.57 55 3743 28-Nov-06 49044 Montales Arvin 4 500.00 3 170.00 55 3744 28-Nov-06 49045 Legaspi Joselito 33 472.99 55 3745 28-Nov-06 49046 Lagapa Orlando 3 022.90 55 3746 29-Nov-06 49047 Cencia Jennel 150.00 55 3747 25-Nov-06 49048 Araquil Roselyn 6 243.60 1452.50 55 3748 25-Nov-06 49049 Ranees Maricris Grace 12 053.60 55 3749 25-Nov-06 49050 Edem Randy Ruel 4 182.48 8 463.00 55 3750 25-Nov-06 49052 Gasacao Reynaldo 10 520.59 55 3752 27-0ct-06 49053 Dioso Boycie 9 512.97 3 673.80 55 3753 27-0ct-06 49054 carmelo Bernardo 3 000.00 55 3754 27-0ct-06 49055 Ramil Lobitos 4 166.28 3 054.00 55 3755 27-0ct-06 49056 Selgas Roberto 1400.00 55 3756 27-0ct-06 49057 cabrillas Judy 7 128.40 23 125.63 55 3757 27-0ct-06 49058 Albacete Jael 55 3758 27-0ct-06 49059 caca Joselito 2 742.54 650.00 55 3759 27-0ct-06 49060 Villagonzalo, Mary Jane 1 231.25 55 3760 27-0ct-06 49061 Villagonzalo Mary Jane 5 635.08 5 000.00 55 3761 27-0ct-06 49062 Calao Robert 55 3762 27-0ct-06 49063 calao Robert 8 033.83 695.87 55 3763 27-0ct-06 49064 Cadelina Rosita 695.87 55 3764 27-0ct-06 Cadelina Reynaldo 10 000.00 7 500.00 7 493.76 15 531.47 2 349.00 1 895.43 5 635.00 1 067.92 1 029.88 2 605.00 18 315.57 3 170.00 33 472.99 150.00 1452.50 12 053.60 8 470.83 10 520.59 3 673.80 3 000.00 3 054.00 1400.00 23 125.63 650.00 1 231.25 5 000.00 695.87 695.87 7 500.00 7 500.00 2 349.00 1 895.43

CIR vs. Transnational Plans, Inc. Page 39 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 27-0ct-06 No. Redoble Rex Register Collection ss 3765 27-0ct-06 49065 ayapana maritess 5 000.00 13.26 ss 3768 27-0ct-06 49068 Jose Manuel Anido 2 712.00 5 000.00 ss 3769 27-0ct-06 49069 Aveiar,Javier 8 747.48 15.25 2 712.00 ss 3770 27-0ct-06 49070 Cabrera Arturo 13 825.26 2.34 8 747.48 ss 3771 27-0ct-06 49071 UNGOS NOEL 1 371.50 2.34 13 812.00 ss 3772 30-0ct-06 49072 Bafio Ferdinand 3 254.16 2.34 1 371.50 ss 3773 27-0ct-06 49073 Odeiar Alvin Anthony 14 481.25 3 254.16 ss 3774 27-0ct-06 49074 Odejar Alvin Anthony 2 400.00 284.70 14 466.00 ss 3775 27-0ct-06 49075 Odejar Alvin Anthony 2 400.00 416.65 2 397.66 ss 3776 31-0ct-06 49076 Sanqdaan,Joseoh 2 400.00 569.40 2 397.66 ss 3777 31-0ct-06 49077 Numdico C. Albino 2 108.00 1 828.45 2 397.66 ss 3778 31-0ct-06 49078 Numdico C. Albino 912.80 2 566.20 2 108.00 ss 3779 31-0ct-06 49079 Artuz Percival 912.80 ss 3780 31-0ct-06 49080 lustre lester 2 292.50 284.70 912.80 ss 3781 31-0ct-06 49081 Dimaano Edna 4 000.00 855.40 912.80 ss 3782 31-0ct-06 49082 Tanes Raymund 690.00 426.40 2 292.50 ss 3783 31-0ct-06 49083 Aoolinario Cabalin 2 742.60 4 000.00 ss 3784 31-0ct-06 49084 Balibalos Jonathan 7 189.74 569.40 690.00 ss 3785 31-0ct-06 49085 Balibalos Jonathan 1,826.00 1 716.00 2 742.60 ss 3786 31-0ct-06 49086 Ta-an Melvyn 913.00 7 189.74 ss 3787 31-0ct-06 49087 Ta-an,Melvyn 1,628.65 569.40 1,826.00 ss 3788 31-0ct-06 49088 Ta-an Melvyn 1628.65 569.40 913.00 ss 3789 31-0ct-06 49089 Ta-an Melvyn 1,628.65 1628.65 ss 3790 31-0ct-06 49090 Noel Aquirre 1,628.65 1 628.65 ss 3791 31-0ct-06 49091 Alvarado Mary Jo 4 181.80 1 628.65 ss 3792 31-0ct-06 49092 Ronald Arambulo 1,302.50 1 628.65 ss 3793 31-0ct-06 49093 Ronald Arambulo 8,107.45 4 181.80 ss 3794 30-0ct-06 49094 Ramirez Louie 16,920.05 1 302.50 ss 3795 30-0ct-06 49095 Liza Ugat 1 238.00 8 107.45 ss 3796 30-0ct-06 49096 Mabel Seachon 625.00 16 920.05 ss 3797 30-0ct-06 49097 Sevellita William 1,361.00 1238.00 ss 3798 31-0ct-06 49098 Adkison Arlene 2 188.00 625.00 ss 3799 29-Dec-06 49099 Perohan Frank 62 210.00 1 361.00 ss 3800 30-0ct-06 49100 Divina Pelobello 5 309.00 2 188.00 ss 3801 30-0ct-06 49101 Ellen Flores 456.39 62 210.00 ss 3802 30-0ct-06 49102 Yap, Marqie 603.90 5 309.00 ss 3803 30-0ct-06 49103 Choy Louella 650.00 171.69 ss 3804 30-0ct-06 49104 Bondoc Nino Anthony 913.00 187.25 ss 3805 30-0ct-06 49105 Del Ayre Homer 2 931.15 650.00 ss 3806 27-0ct-06 49106 Panganiban, Arnold 3 719.20 343.60 ss 3807 24-0ct-06 49107 TAC 2 022.12 1102.70 ss 3808 24-0ct-06 49108 TAC 2 387.33 1153.00 ss 3809 27-0ct-06 49109 Inaldo Nerwin 3 183.10 2 022.12 ss 3810 20-0ct-06 49110 Grace Beriso 1 625.52 2 387.33 ss 3811 27-0ct-06 49111 Genova Renato 456.39 3 183.10 ss 3812 27-0ct-06 49112 Bisares Marieta 1 521.27 1 625.52 ss 3813 25-0ct-06 49113 PIZZATEK & FOODS CORP. 685.00 171.69 ss 3814 27-0ct-06 49114 Carmela Dadural 2 386.12 665.87 ss 3815 27-0ct-06 49115 Manliclic Melvinne 1 000.00 258.60 ss 3816 27-0ct-06 49116 Manliclic Melvinne 2 751.00 2 386.12 ss 3817 25-0ct-06 49117 PIZZATEK & FOODS CORP. 150.00 430.60 ss 3818 27-0ct-06 49118 Estrada Jusmon 2 386.12 1 035.00 ss 3819 27-0ct-06 49119 Rotairo Ruien 912.78 150.00 ss 3820 49120 1 002.00 2 386.12 343.38 432.60

CIR vs. Transnational Plans, Inc. Page 40 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 55 3821 30-0ct-06 No. Operana Edgar Register 2/990.00 Collection 55 3822 30-0ct-06 49121 Operana Edgar 4 333.20 3 412.50 16.53 55 3823 30-0ct-06 49122 Remigio Talaga 4 945.50 1,167.40 13.05 1 343.20 55 3824 30-0ct-06 49123 Grace Mapalad 1 691.83 1 533.00 30-0ct-06 49124 Elmer Enverga 2 186.40 854.10 - 30-0ct-06 49125 Noel Manalang 9 555.50 524.43 30-0ct-06 49127 Manalang,Noel 15 587.53 10 744.50 1 332.30 55 3827 31-0ct-06 49128 Reyes James Lowell 12 306.15 8 482.50 9 555.50 55 3828 31-0ct-06 49129 Reyes James Lowell 8 227.62 4 826.50 55 3829 30-0ct-06 49130 Acuna Grace 14 463.88 569.40 3 810.60 55 3830 30-0ct-06 49131 Del Mundo Ernesto 825.40 8,227.62 55 3831 25-Nov-06 49132 Yap, Margie 500.00 4 329.00 14 463.88 55 3832 25-Nov-06 49134 Isles Erwin Dell 650.00 55 3834 25-Nov-06 49135 Bachain Rubelyn 6 479.00 2.34 256.00 55 3835 25-Nov-06 49136 Jimenez Lilia 3 316.00 572.00 500.00 55 3836 25-Nov-06 49137 Cacananta Mary Jane 3 223.80 643.50 650.00 55 3837 25-Nov-06 49139 Cacananta Mary Jane 2 638.00 569.40 2 150.00 55 3839 25-Nov-06 49140 LEILA GONZAGA 2 638.00 2 028.00 3,316.00 55 3840 25-Nov-06 49141 Pramis Aron 1 230.40 1 708.20 3,223.80 55 3841 28-Nov-06 49142 Fermin Miriam 2 300.00 569.40 2 638.00 55 3842 28-Nov-06 49143 Fermin Miriam 829.00 2,638.00 55 3843 28-Nov-06 49144 Escalante,Anselmo 933.00 1.56 1 230.40 55 3844 28-Nov-06 49145 Escalante Anselmo 824.40 2 297.66 55 3845 29-Nov-06 49146 Mendoza, Reginald 3 239.00 1.56 257.00 55 3846 29-Nov-06 49148 Rotairo, Rujen 2 475.57 289.50 55 3848 30-0ct-06 49149 Resabal Armando 825.40 44.42 255.00 55 3849 30-0ct-06 49151 ATOZ ARTHUR ROMMEL 1 824.00 2.20 1 211.00 55 3851 27-0ct-06 49153 Villamor Robert 33 034.72 767.37 55 3853 27-0ct-06 49154 Casido, Braulito 2 742.60 256.00 55 3854 30-0ct-06 49155 Erme Marivic 1 630.21 1 824.00 55 3855 31-0ct-06 49156 Ramos, Manuel 200.00 33 034.72 55 3856 31-0ct-06 49157 Manalo Norman Jay 1 593.31 2 742.60 55 3857 31-0ct-06 49158 Legaspi Henry 1630.56 1628.65 55 3858 31-0ct-06 49161 Aplacador, Agapito 4 131.96 200.00 55 3861 31-0ct-06 49162 Nicolas Jonathan 1 060.00 1 593.31 55 3862 31-0ct-06 49163 Sastrillas Love 1 371.00 1629.00 55 3863 31-0ct-06 49164 Anqeles Marcos 1 371.00 4 131.96 55 3864 30-0ct-06 49165 Jimmy Ana 4 113.00 1 060.00 55 3865 30-0ct-06 49166 Dela Merced Arthur 4 263.00 1 371.00 55 3866 30-0ct-06 49167 Salas Venancio Jr. 15 780.00 1 371.00 55 3867 30-0ct-06 49168 Ramirez Pedro 16 296.97 4 113.00 55 3868 30-0ct-06 49169 Eguia Augusto 1 303.00 4 263.00 55 3869 30-0ct-06 49170 Tumulak Kane Andrew 1834.00 15 780.00 55 3870 30-0ct-06 49171 Racaza Demosthenes 4 495.00 16 296.97 55 3871 28-Nov-06 49172 Felipe Emmanuel 1 571.30 1 303.00 55 3872 25-Nov-06 49173 Zarsuelo Ronan 3 689.40 1834.00 55 3873 28-Nov-06 49174 Gullon Marion 3 255.12 4 495.00 55 3874 29-Nov-06 49175 Baptista, Edgar 1 087.00 1 571.30 55 3825 29-Nov-06 49177 Ruel Lagsit 8 360.94 3 689.40 55 3877 28-Nov-06 49178 Villafranca Irma 2 939.04 3 255.12 55 3878 25-Nov-06 49180 Marinette M. Basa 8 593.81 1 087.00 55 3880 25-Nov-06 49181 Verde, Veron 2 742.00 8 360.94 55 3881 25-Nov-06 49183 Platinos Edgar 46 325.90 2 939.04 55 3883 25-Nov-06 49184 Dennis C. Garcia 19 427.00 8 593.81 55 3884 49185 2 294.20 2 742.00 55 3885 46 281.48 19 427.00 2 292.00 <

CIR vs. Transnational Plans, Inc. Page 41 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 55 3886 25-Nov-06 No. Dennis C. Garcia Register 2.76 Collection 55 3887 25-Nov-06 49186 Latras, Ignacio 2 602.76 2.76 55 3888 30-Nov-06 49187 Jimenez, Anthony 2 702.76 2 600.00 55 3889 25-Nov-06 49188 Nuas Jose 1452.40 1.76 2 700.00 55 3890 25-Nov-06 49189 Loon, Joey 1835.76 4.35 1452.40 55 3891 29-Nov-06 49190 Gonzales Manuel 4 534.35 1834.00 55 3892 29-Nov-06 49191 Gonzales Manuel 5 998.74 0.78 4 530.00 55 3893 29-Nov-06 49192 Valenzuela Orly 27.00 0.99 5 998.74 55 3894 29-Nov-06 49193 Aranq, Gerwin 813.78 55 3895 25-Nov-06 49194 Marlou Cabiso 1 032.99 27.00 55 3896 25-Nov-06 49195 Onasis, Soriano 1 776.00 813.00 55 3897 25-Nov-06 49196 Buhain Glenn 4 113.90 1 032.00 55 3899 25-Nov-06 49197 Loyola Ramil 2 064.00 1 776.00 55 3901 24-0ct-06 49199 ASIANA PHILS. 4 065.00 4 113.90 55 3902 24-0ct-06 49201 ASIANA PHILS. 1 753.91 2 064.00 55 3904 25-0ct-06 49202 TESI 4 875.98 4 065.00 55 3905 25-0ct-06 49204 TESI 2 387.33 1 753.91 55 3906 30-Dec-06 49205 TCL 14 868.46 4 875.98 55 3908 30-Dec-06 49206 AETI 2 865.20 2 387.33 55 3909 25-0ct-06 49208 DISNEY MAGIC 7 224.75 14 868.46 55 3910 25-0ct-06 49209 MAUNLAD NAVIGATION 202 016.68 2 865.20 55 3911 25-0ct-06 49210 Dolphin- Dalex 24 435.41 7 224.75 55 3912 25-0ct-06 49211 AETI 19 459.21 202 016.68 55 3913 25-0ct-06 49212 American Express Tours Inc. 10 880.81 24 435.41 55 3914 25-0ct-06 49213 TCL 2 155.53 19 459.21 55 3915 26-0ct-06 49214 MANDARA CREW 12 959.67 10 880.81 55 3916 26-0ct-06 49215 LAWIN MARITIME 1 792.00 2 155.53 55 3917 26-0ct-06 49216 AlamatCrew 10 335.77 12 959.67 55 3919 26-0ct-06 49217 NEO MARINE CREW 1 032.26 1 792.00 55 3920 26-0ct-06 49219 TMM 10 325.61 10 335.77 55 3921 26-0ct-06 49220 NYK-SINGAPORE 2 622.80 1 032.26 55 3922 26-0ct-06 49221 HACHIUMA 5 162.80 10 325.61 55 3923 26-0ct-06 49222 HACHIUMA 30 927.55 2 622.80 55 3925 25-0ct-06 49223 KYOKKO 5 162.80 5 162.80 55 3927 25-0ct-06 49225 TRANSM CREW 13 189.42 30 927.55 55 3928 25-0ct-06 49227 FETRAN CREW 106 652.72 5 162.80 55 3929 24-0ct-06 49228 MANDARA CREW 80 269.15 13 189.42 55 3931 27-0ct-06 49229 Sobremonte,. Rogelio 91428.58 106 652.72 55 3932 27-0ct-06 49231 Evangelista Limpa 1 239.70 80 269.15 55 3933 27-0ct-06 49232 Evangelista Limpa 5 138.38 91428.58 55 3934 25-0ct-06 49233 DISNEY WONDER 1 861.62 1 239.70 55 3935 26-0ct-06 49234 TU 197 755.34 5 138.38 55 3936 26-0ct-06 49235 FIT MANILA 6 649.80 1 861.62 55 3937 26-0ct-06 49236 TWFI 1 553.60 197 755.34 55 3938 25-0ct-06 49237 Transnational Logistics Sol. C 637.01 6 649.80 55 3939 25-0ct-06 49238 TU 8 563.03 1 553.60 55 3940 25-0ct-06 49239 HOKOKU-DOLPHIN 8 694.06 637.01 55 3941 25-0ct-06 49240 DISNEY WONDER 158 401.46 8 563.03 55 3942 26-0ct-06 49241 NCT 162 652.23 8 694.06 55 3944 26-0ct-06 49242 NCT 480.89 158 401.46 55 3945 26-0ct-06 49244 NCT 11 748.26 162 652.23 55 3946 26-0ct-06 49245 TDGI 12 130.25 480.89 55 3947 26-0ct-06 49246 Alamat Crew 6 402.84 11 748.26 55 3948 31-0ct-06 49247 Grepalife 16 867.36 12 130.25 49248 22 500.00 6 402.84 16 867.36 22 500.00

CIR vs. Transnational Plans, Inc. Page 42 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION OR Collection per Adjusted Collection Exhibit Date No. Client Register TFC DST 6.24 91,424.72 55 3949 30-0ct-06 49249 VROON CREW 91424.72 52,858.62 55 3950 30-0ct-06 49250 NEO MARINE CREW 52 858.62 456.40 33 042.05 55 3951 30-0ct-06 49251 CA':if'AWAY CAY 456.40 23 777.22 13 378.81 55 3952 30-0ct-06 49252 MAUNLAD CREW 33 042.05 27 016.84 13 299.22 55 3954 30-0ct-06 49254 MATATAG CREW 23 777.22 22 933.96 30 979.93 55 3955 30-0ct-06 49255 KAGITINGAN CREW 13 378.81 31 589.97 55 3956 30-0ct-06 49256 LAWIN CREW 27 016.84 5 011.64 9 769.69 55 3957 30-0ct-06 49257 HARMONY CREW 13 299.22 9 769.69 5 345.93 55 3958 30-0ct-06 49258 IDEAL MARffiME 22 933.96 4 191.90 4 902.30 55 3959 30-0ct-06 49259 EXITO CREW 30 979.93 1 000.00 8 103.53 55 3961 30-0ct-06 49261 PROSPERIDAD CREW 31 589.97 1 042.00 6 402.84 55 3962 30-0ct-06 49262 DOLPHIN MGT 5 011.64 12 834.10 112 340.53 55 3963 30-0ct-06 49263 ADTOURS-MANILA 9 769.69 5 081.50 5 081.50 55 3964 30-0ct-06 49264 ADTOURS-MANILA 9 769.69 30 040.00 9 718.03 55 3965 31-0ct-06 49265 Lacandalo Pilardo 5 345.93 5 836.01 3 918.06 55 3966 31-0ct-06 49266 Lacandalo Pilardo 4 191.90 152 782.46 52 553.23 55 3968 31-0ct-06 49268 Zablan Dalmacio Hector 4 902.30 51 853.87 5 971.55 55 3969 31-0ct-06 49269 Rectin Janet 1 000.00 795 227.78 281938.14 55 3970 30-0ct-06 49270 TCL 8 103.53 814.00 55 3971 30-0ct-06 49271 TDC 1 042.00 9 005.61 5 340.83 55 3973 30-0ct-06 49273 TDGI 6 402.84 3 824.77 2 037.96 55 3974 29-Dec-06 49274 NCT 12 834.10 28 717.00 24 726.04 55 3975 30-0ct-06 49275 CADENZA CREW 112 340.53 16 024.73 38 270.87 55 3976 31-0ct-06 49276 NYK SIN CREW 5 081.50 11 665.98 1 259.92 55 3977 31-0ct-06 49277 HACHIUMA NYK 5 081.50 1 500.00 4 972.00 55 3978 31-0ct-06 49278 HACHIUMA NYK 30 040.00 7 993.76 1141.00 55 3979 31-0ct-06 49279 NYK SIN CREW 9 718.03 1 141.00 1 141.00 55 3980 28-Nov-06 49280 NESC 5 836.01 1302.50 2 200.00 55 3981 28-Nov-06 49281 TLI 3 918.06 55 3983 28-Nov-06 49283 NYKFIL EMPLOYEE 152 782.46 55 3984 28-Nov-06 49284 TMDC 52 553.23 55 3985 28-Nov-06 49285 TMDC 51 853.87 55 3987 28-Nov-06 49287 E-PERFORMAX 5 971.55 55 3988 28-Nov-06 49288 TDGI 795 227.78 55 3989 28-Nov-06 49289 JRD 281938.14 55 3990 25-Nov-06 49290 Sison Wilfredo 814.00 55 3991 29-Nov-06 49291 TAC 9 005.61 55 3992 30-Nov-06 49292 HOKOKU-DOLPHIN 5 340.83 55 3993 28-Nov-06 49293 KMTC 3 824.77 55 3994 28-Nov-06 49294 TLSC-KMTC 2 037.96 55 3995 25-Nov-06 49295 Gange Valentin 28 717.00 55 3996 28-Nov-06 49296 Transnational Logistics Sol. C 24 726.04 55 3997 28-Nov-06 49297 MAUNLAD CREW 16 024.73 55 3999 28-Nov-06 49299 NYKFIL EMPLOYEE 38 270.87 11665.98 - 28-Nov-06 49300 NYK NETI 55 4001 29-Dec-06 49301 Tala George 1 259.92 55 4002 29-Dec-06 49302 Santos Ma. Rosario 1 500.00 55 4003 29-Dec-06 49303 Rosauro Robles 4 972.00 55 4004 29-Dec-06 49304 Benlot, Charlie 8 000.00 55 4005 29-Nov-06 49305 Elizabeth Javier 1141.00 55 4006 29-Nov-06 49306 Elizabeth Javier 1141.00 55 4007 29-Nov-06 49307 Elizabeth Javier 1 141.00 55 4008 29-Nov-06 49308 Alvarado, Mary Jo 1302.50 55 4010 29-Nov-06 49310 Gejon Oliver 2 200.00 <

CIR vs. Transnational Plans, Inc. Page 43 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 55 4011 29-Nov-06 No. Fabian Ramon Register Collection 55 4012 29-Nov-06 49311 Dimaano Edna 1 371.00 20.64 55 4013 29-Nov-06 49312 Dela Serna Joe Marie 690.00 1 371.00 55 4014 29-Nov-06 49313 Gatuteo Laureano 2 282.00 17.77 690.00 55 4015 29-Nov-06 49314 Sangdaan Joseph 10 775.00 55 4016 29-Nov-06 49315 Tanes Raymund 1980.00 6.84 2 282.00 55 4017 30-Dec-06 49316 Gerardo Topacio 1 371.30 1.56 10 754.36 55 4018 29-Nov-06 49317 GoAdelmo 1 348.00 55 4019 29-Nov-06 49318 Salas, Victor Edwin 1 369.50 1980.00 55 4020 29-Nov-06 49319 Ramirez Louie 2 190.00 1 371.30 55 4021 29-Nov-06 49320 Blasino Procesfer 1 238.00 1 348.00 55 4022 29-Nov-06 49321 Samartino, Gerald 18 529.94 1 369.50 55 4023 29-Nov-06 49322 Espira, Marilyn 986.00 2 190.00 55 4024 30-Dec-06 49323 Joe Marie De Ia Serna 10 081.40 1 238.00 55 4025 30-Dec-06 49324 Amado Wilfreda 2 282.00 18 512.17 55 4026 30-Dec-06 49325 Lesaguis Vernon 7 057.00 55 4027 30-Dec-06 49326 Quijano,Rosalie 300.00 986.00 55 4028 30-Dec-06 49327 Caibigan Pedro Jr. 1100.00 10 081.40 55 4029 30-Dec-06 49328 Jose Manuel Anido 1808.00 55 4030 30-Dec-06 49329 Elizabeth Javier 200.00 2 282.00 55 4031 30-Dec-06 49330 Genevie Jacob 1141.00 7 057.00 55 4032 30-Dec-06 49331 Rabuya Nelson 1 361.00 55 4033 30-Dec-06 49332 Ibalio Rujean 1 382.00 300.00 55 4034 30-Dec-06 49333 Sevellita William 7 200.00 1100.00 55 4035 30-Dec-06 49334 Panganiban Leo 2 188.00 1 808.00 55 4036 30-Dec-06 49335 Aizpuro John Henry 1178.25 49336 5 000.00 200.00 1141.00 55 4037 30-Dec-06 49337 Benlot Charlie 3 000.00 2 886.00 4.48 1 361.00 55 4038 30-Dec-06 49338 Redoble Rex 5 000.00 1 382.00 55 4039 30-Dec-06 49339 Jacob Antonio 1 361.00 855.40 7 193.16 55 4040 30-Dec-06 49340 Pascua Jasmin 1,700.00 2 188.00 55 4041 30-Dec-06 49341 Amado Wilfreda 6,857.00 284.70 1178.25 55 4042 30-Dec-06 49342 Ramirez Louie 1,238.00 5,000.00 55 4043 30-Dec-06 49343 Mangubat Juluis 284.70 55 4051 29-Nov-06 49351 PANGANIBAN ARNOLD 977.00 1184.95 2 998.44 55 4052 25-Nov-06 49352 Anna Cristina Alarcon 4 036.04 5 000.00 55 4053 25-Nov-06 49353 Embile Arturo 11152.47 1 361.00 55 4054 25-Nov-06 49354 Dinglasan Lea Carmen 5 168.00 1,700.00 55 4055 25-Nov-06 49355 Mariano Radel 4 186.92 6,857.00 55 4057 25-Nov-06 49357 Bondoc,Nino Anthony 2,765.00 1,238.00 55 4058 25-Nov-06 49358 Del Ayre Homer 2,931.15 55 4059 25-Nov-06 49359 De Leon Janice 3 719.20 977.00 55 4061 28-Nov-06 49361 YUSEN AIR 1 371.00 4 036.04 55 4062 29-Nov-06 49362 YUSEN OFFICER 5 136.13 11152.47 55 4063 28-Nov-06 49363 YAS BROKERAGE 13 630.88 5 168.00 55 4064 28-Nov-06 49364 YAS BROKERAGE 4 779.24 1 296.44 55 4065 25-Nov-06 49365 Nestorio Antonio Tiu 6 086.17 2,765.00 55 4066 25-Nov-06 49366 Florencio Enotorio 3 047.69 2,931.15 55 4068 25-Nov-06 49368 LIAD GERRY 3 170.00 3 719.20 55 4070 29-Dec-09 49370 Leyva Leeberti 55 4071 25-Nov-06 49371 Divina Pelobello 500.00 515.60 55 4072 25-Nov-06 49372 YAP MARGIE 2 500.00 5 136.13 55 4073 25-Nov-06 49373 Grace Beriso 13 630.88 55 4074 25-Nov-06 49374 Mata Mirasol 456.39 4 779.24 650.00 6 086.17 456.39 3 047.69 2 127.70 3 170.00 500.00 2 500.00 171.69 650.00 171.69 942.75

CIR vs. Transnational Plans, Inc. Page 44 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 29-Dec-06 No. Ellen Florez Register 833.30 36.95 Collection ss 4075 25-Nov-06 49375 Lilibeth Mendoza 1,207.80 ss 4076 25-Nov-06 49376 Choy, Louella 36 343.95 24 017.50 374.50 ss 4077 25-Nov-06 49377 Diesmos Tessa 913.00 569.40 12 289.50 ss 4078 25-Nov-06 49378 Sobremonte Rogelio 1,239.40 855.40 ss 4079 25-Nov-06 49379 Lacandalo Pilardo 1239.70 855.40 343.60 ss 4080 25-Nov-06 49380 Lacandalo Pilardo 5 128.25 384.00 ss 4081 29-Nov-06 49381 Bisares Marieta 8 383.80 426.40 384.30 ss 4083 29-Nov-06 49383 Bernabe Bernard 685.00 4 270.50 5 128.25 ss 4085 25-Nov-06 49385 Rectin Janet 6 846.00 8 383.80 ss 4086 29-Nov-06 49386 PANGANIBAN ARNOLD 1 000.00 1.44 258.60 ss 4087 29-Nov-06 49387 Endaya Evangeline 2 011.87 2 575.50 ss 4088 29-Nov-06 49388 Cayabyab Bernardita 1 456.55 683.80 1 000.00 ss 4089 29-Nov-06 49389 Villeno Elena 1 096.18 2 011.87 ss 4090 29-Nov-06 49390 Zamora Allan 912.78 1138.80 1 455.11 ss 4091 29-Nov-06 49391 Carpio,Judy Ann 2 041.00 412.38 ss 4092 30-Nov-06 49392 Zapanta Roberto 1 650.80 1167.40 912.78 ss 4093 30-Nov-06 49393 Remigio Talaga 13 112.00 284.70 2 041.00 ss 4094 30-Nov-06 49394 Estrada Jusmon 1 691.83 512.00 ss 4095 30-Nov-06 49395 Operana Edgar 456.39 3 412.50 13 112.00 ss 4096 30-Nov-06 49396 Operana Edgar 6 078.90 524.43 ss 4097 29-Nov-06 49397 MMI 3 361.10 5.00 171.69 ss 4101 29-Nov-06 49401 MMI CREW 42 877.39 2 666.40 ss 4102 25-Nov-06 49402 Tumulak Benjamin Jr. 248 568.96 36.25 3 361.10 ss 4103 25-Nov-06 49403 Tumulak Benjamin Jr. 20 224.00 42 877.39 ss 4104 30-Nov-06 49404 Uriarte Dennis 1 301.41 7.25 248 568.96 ss 4105 25-Nov-06 49405 Cruz, Eduardo 200.00 5.80 20 224.00 ss 4106 30-Nov-06 49406 MMI CREW 2 460.80 4.35 1 301.41 ss 4107 29-Nov-06 49407 MMS Crew 14 925.00 200.00 ss 4108 25-Nov-06 49408 Nacianceno Marcelo 6 845.60 2 460.80 ss 4109 25-Nov-06 49409 DECERIE NACIANCENO 4 448.00 14 925.00 ss 4110 25-Nov-06 49410 Soriano Leo 4 173.00 6 845.60 ss 4112 30-Nov-06 49412 MMI 16 000.00 4 443.00 ss 4113 30-Nov-06 49413 MMI EMPLOYEES 42 577.39 4 173.00 ss 4114 30-Dec-06 49414 Addatu Orlando 3 722.76 16 000.00 ss 4115 30-Dec-06 49415 Bautista Danny 4 826.48 42 577.39 ss 4116 30-Dec-06 49416 Tipawan Filomeno Jr. 8 675.80 3 722.76 ss 4117 30-Dec-06 49417 Ruel Lagsit 546.08 4 826.48 ss 4119 30-Dec-06 49419 Rafieses Miguel Antonio 3 759.04 8,675.80 ss 4120 30-Dec-06 49420 Abejero Alberto 28 490.00 546.08 ss 4121 29-Dec-06 49421 Jose Marino Labrador 28 011.67 3 759.04 ss 4122 30-Dec-06 49422 MMI CREW 1300.00 28,490.00 ss 4123 30-Dec-06 49423 MMI CREW 202 016.78 28,011.67 ss 4124 29-Dec-06 49424 MMI EMPLOYEES 168 009.13 1,300.00 ss 4126 29-Dec-06 49426 MMI EMPLOYEES 42 577.40 202,016.78 ss 4127 29-Nov-06 49427 Holgado Catherine 22 342.34 168,009.13 ss 4151 25-Nov-06 49451 Aldovino Jeanette 37 936.25 42 577.40 ss 4152 25-Nov-06 49452 Danilo Brodith 1 371.50 22 342.34 ss 4153 25-Nov-06 49453 Brodith, Jocelyn 7 015.80 37 900.00 ss 4154 30-Nov-06 49454 Ranees Maricris Grace 7,015.80 1 371.50 ss 4155 25-Nov-06 49455 Mante Hardy 1_L_OOO.OO 7,015.80 ss 4156 25-Nov-06 49456 Samano Ruthie 1825.58 7 015.80 ss 4157 25-Nov-06 49457 Balading, Carina 7,557.25 1 000.00 ss 4158 25-Nov-06 49458 Benitez Aleli 6 045.80 1 825.58 ss 4159 49459 4 534.35 7 550.00 6 040.00 4 530.00 <

CIR vs. Transnational Plans, Inc. Page 45 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION OR Collection per Adjusted No. Collection Exhibit Date 49460 Client Register TFC DST 55 4160 25-Nov-06 49461 Fortaleza RodeI 4.44 4 626.48 55 4161 25-Nov-06 49462 Oliva Santos 4 630.92 2.90 3 497.10 55 4162 29-Nov-06 49463 Gibraltar Mark Anthony 29 896.82 55 4163 25-Nov-06 49465 Gatacilo Clifford 3 500.00 7.83 2,959.28 55 4165 29-Nov-06 49466 Villaruel, Joseph 1.45 1 512.50 55 4166 25-Nov-06 49467 Rivera Lourdes 29 896.82 8,463.00 55 4167 25-Nov-06 49468 Glasparel Rowena 4.12 7,402.56 55 4168 25-Nov-06 49469 Mascarinas Liza 2 959.28 64.13 2 998.55 55 4169 25-Nov-06 49470 Arceo, Joelito 30.12 25 000.00 55 4170 29-Nov-06 49471 Cabrera, Arturo 1 512.50 5 636.00 55 4171 29-Nov-06 49472 Batoy, Filipino 1.45 1826.00 55 4172 29-Nov-06 49473 Viva Gilben 8,470.83 9.37 9 612.62 55 4173 30-Nov-06 49474 Solis Wilton 4.44 5 974.34 55 4174 30-Nov-06 49475 Parada, Jose Neil 7,402.56 4 113.81 55 4175 30-Nov-06 49476 Felipe Evelene 9.60 3 000.00 55 4176 30-Nov-06 49477 Torres Lovella 3 000.00 4 495.88 55 4177 30-Nov-06 49478 Feratero Martin 64.13 5 021.00 55 4178 30-Nov-06 49479 Leqasoi Joselito 25 000.00 20.60 30 000.00 55 4179 30-Dec-06 49481 Sace Maria Beqofia 10.50 9 935.87 55 4181 30-Dec-06 49482 Sipagan Marcelino 5 636.00 36 446.28 55 4182 30-Dec-06 49483 Samano Ruthie 4.12 1 510.00 55 4183 30-Dec-06 49484 Villareal Euqene 1826.00 6 853.00 55 4184 30-Dec-06 49485 Melanie Ramilo 1.56 9 769.80 55 4185 30-Dec-06 49486 Pablo Noella 9 612.62 1.45 59 865.40 55 4186 30-Dec-06 49487 Ochoa Pablito 2.50 4 626.48 55 4187 30-Dec-06 49488 Pasaol Allan 5 974.34 10 000.00 55 4188 30-Dec-06 49489 Romero Dennis 3.12 25 644.60 55 4189 30-Dec-06 49490 Bacuil, Roderick 4 113.81 4.44 6 902.40 55 4190 30-Dec-06 49491 Batoon Ardee 4 680.00 55 4191 30-Dec-06 49492 Biclar Efren Jr. 3 000.00 8 160.94 55 4192 30-Dec-06 49493 Rabanal Jesusa 3 907.50 55 4193 30-Dec-06 49494 Montanano Joseph 4 500.00 13 165.08 55 4194 30-Dec-06 49495 Aquino Maricar 11 260.40 55 4195 30-Dec-06 49496 Formenteram Sheila 5,021.00 40 000.00 55 4196 29-Dec-06 49497 Legaspi Joselito 30 000.00 55 4197 29-Dec-06 49498 Buscato,Leonardo 30 000.00 5 553.86 55 4198 29-Dec-06 49499 De leon Noel 24 235.00 55 4199 29-Dec-06 49502 Sace, Maria Begofia 10 000.00 9 935.87 55 4203 25-Nov-06 49503 Evangelista Ma. Cecilia 19 594.20 55 4204 25-Nov-06 49504 Isidro,Armando 36 476.40 10 942.00 55 4205 25-Nov-06 49506 Longino Rene 4 291.00 25-Nov-06 49507 Tiburcio Bella jr. 1 511.45 2 608.50 - 25-Nov-06 49508 Gerero Marjohn 2 637.60 25-Nov-06 49509 Castellano, Santi 6 853.00 2 942.00 55 4207 25-Nov-06 49510 Loreto James Harold 1628.65 55 4208 25-Nov-06 49511 Obani Quiruben 9 779.17 1 510.00 55 4209 29-Nov-06 49512 Tan Noel 2 606.00 55 4210 29-Nov-06 49513 Grafilo Jose 59 865.40 2 777.00 55 4211 29-Nov-06 49514 Olavides Arnel 55 4212 29-Nov-06 49515 Jonathan Bernabe 4 630.92 986.60 55 4213 29-Nov-06 49516 Nene Leandro 4 626.48 55 4214 29-Nov-06 Sagaral Jr. Daniel 10 000.00 3 258.00 55 4215 1 825.60 55 4216 25 644.60 4 892.56 6 902.40 4 680.00 8 160.94 3 907.50 13 165.08 11 270.00 40 000.00 30 000.00 5 553.86 24 235.00 10 000.00 19 614.80 10 952.50 4 295.12 2 608.50 2 637.60 2 942.00 1 630.21 1 511.45 2 608.50 2 777.00 986.60 4 626.48 3 261.12 1 825.60 55 4217 30-Nov-06 49517 Camoras Ronelle 4 897.00

CIR vs. Transnational Plans, Inc. Page 46 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION OR Collection per Adjusted Collection Exhibit Date No. Client Register TFC DST 1.56 1826.00 ss 4218 30-Nov-06 49518 Rola Ronaldo 1827.56 10 512.72 ss 4220 30-Nov-06 49520 Bazarte Mark Anthony 10 512.72 11.88 ss 4222 30-Nov-06 49522 Aplacador Ag_aQito 1.25 1 060.00 ss 4223 30-Nov-06 49523 Libres Joselito 1 060.00 2.34 977.40 ss 4224 30-Nov-06 49524 Bedoy, Cecil 977.40 4.60 ss 4225 30-Nov-06 49525 NIETO HELBERT 10 747.20 ss 4226 30-Nov-06 49526 Dolalas Jorge 10 759.08 3.75 1 303.00 ss 4227 30-Dec-06 49527 Rallos Marion Rey 1 304.25 3 970.00 ss 4228 30-Dec-06 49528 Ferrer Ferdinand 3 970.00 2.50 2 438.28 ss 4230 30-Dec-06 49530 Balaba Benhur 2 440.62 4.68 1955.00 30-Dec-06 49532 Arancon Domingo 1 955.00 0.99 4 795.00 - 30-Dec-06 49533 Bocay, Logan 4 799.60 3.55 30-Dec-06 49534 Domdom Ferrer 4.44 19 947.54 ss 4233 30-Dec-06 49535 Domdom Ferrer 19 947.54 5 870.40 ss 4234 30-Dec-06 49537 Jayson Navarro 5 870.40 774.16 ss 4235 30-Dec-06 49538 Bella Tiburcio Jr. 774.16 838.76 ss 4237 30-Dec-06 49539 Angeles Henry 838.76 2 742.00 ss 4238 30-Dec-06 49540 Tolabing, Chalmer 2 742.00 3 907.50 ss 4239 30-Dec-06 49541 Boiser Arnel 3 911.25 3 096.00 ss 4240 30-Dec-06 49542 Tuazon Julius 3 096.00 3 575.75 ss 4241 30-Dec-06 49543 Martinez Fernando 3 575.75 2 606.00 ss 4242 30-Dec-06 49545 Buhain Glenn 2 608.50 4 876.56 ss 4243 30-Dec-06 49546 Ola Leonard 4 881.24 1 232.00 ss 4245 30-Dec-06 49547 Belleza Romeo Jr. 1 232.00 1 032.00 ss 4246 30-Dec-06 49549 Florendo Bernard 1 032.99 3 702.00 ss 4247 30-Dec-06 49550 Galagar Andrew 3 705.55 4 629.00 ss 4249 28-Nov-06 49552 IPS! 4 633.44 5 157.90 ss 4250 29-Nov-06 49553 NYKFIL EMPLOYEE 5 157.90 4 474.39 ss 4252 28-Nov-06 49554 MAUNLAD EMPLOYEE 4 474.39 2 096.85 ss 4253 28-Nov-06 49555 DOLPHIN MGMT 2 096.85 ss 4254 28-Nov-06 49556 TAC 77 780.80 ss 4255 28-Nov-06 49557 AETI 77 780.80 912.79 ss 4256 28-Nov-06 49558 TOG ASIA CORP 912.79 ss 4257 28-Nov-06 49559 TDC 3 031.82 ss 4258 28-Nov-06 49560 TDGI 3 031.82 7 885.20 ss 4259 28-Nov-06 49561 TDGI 7 885.20 20 184.08 ss 4260 28-Nov-06 49562 Transnational Resources Inc. 20 184.08 ss 4261 28-Nov-06 49563 NEO-MARINE 796.54 ss 4262 28-Nov-06 49564 DOLPHIN MET! 796.54 1,042.00 ss 4263 28-Nov-06 49565 Intramuros Properties Inc. 1 042.00 20,264.20 ss 4264 28-Nov-06 49566 IPS! 20,264.20 3 766.56 ss 4265 28-Nov-06 49567 NYKFIL EMPLOYEE 3 766.56 ss 4266 28-Nov-06 49568 NYKFIL EMPLOYEE 412.60 ss 4267 28-Nov-06 49569 NYK NET! 412.60 2,424.56 ss 4268 28-Nov-06 49570 NYK NET! 2 424.56 2,347.69 ss 4269 29-Nov-06 49571 Alamat Crew 2,347.69 2 096.85 ss 4270 29-Nov-06 49572 CADENZA CREW 2 096.85 3 817.04 ss 4271 29-Nov-06 49573 NEO MARINE CREW 3 817.04 8 840.52 ss 4272 29-Nov-06 49574 LAWIN CREW 8 840.52 34,970.82 ss 4273 29-Nov-06 49575 TDGI 34 970.82 9 470.04 ss 4274 25-Nov-06 49576 Damasco Rodney 9 470.04 17 239.59 ss 4275 29-Nov-06 49577 FETRAN CREW 17 239.59 6 034.50 ss 4276 29-Nov-06 49578 TRANSM CREW 6 034.50 15,225.00 ss 4277 15,225.00 10,163.00 ss 4278 101163.00 17 285.00 17 285.00 8,286.12 8 286.12 12,547.00 12,547.00 128 512.10 128 512.10 109 520.80 109 520.80

CIR vs. Transnational Plans, Inc. Page 47 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION OR Collection per Adjusted Collection Exhibit Date No. Client Register TFC DST ss 4279 29-Nov-06 49579 KYOKKO CREW 10,018.43 10,018.43 ss 4281 29-Nov-06 49581 HOKOKU-DOLPHIN 152 402.93 152 402.93 ss 4282 29-Nov-06 49582 Dan C. Florentino 18 759.55 18 759.55 ss 4284 29-Nov-06 49584 ASIANA PHILS. 4 233.58 ss 4285 25-Nov-06 49585 Genova Renato 3,042.54 4 233.58 ss 4286 29-Nov-06 49586 DISNEY MAGIC 169 734.51 ss 4287 28-Nov-06 49587 VISION AIR 3,042.54 ss 4288 28-Nov-06 49588 VISION AIR 825.20 ss 4289 30-Nov-06 49589 TCL 825.20 169 734.51 7 301.67 825.20 825.20 7 301.67 ss 4290 30-Nov-06 49590 Intramuros Properties Inc. 26 609.58 26 609.58 ss 4291 30-Nov-06 49591 NYK NET! 21840.55 ss 4292 30-Nov-06 49592 NYK NTMA EMPLOYEE 21840.55 ss 4293 30-Nov-06 49593 NYKFIL EMPLOYEE 1 566.44 ss 4294 30-Nov-06 49594 NYK NTMA EMPLOYEE 53 721.96 1 566.44 ss 4295 28-Nov-06 49595 SANCHEZ ALFREDO SR. ss 4297 28-Nov-06 49597 NLPH (NTVLI & NWT) 7 665.04 53 721.96 ss 4298 30-Nov-06 49598 DELOS REYES CRISTINA 3 367.70 ss 4299 29-Nov-06 49599 DISNEY MAGIC 33,171.97 7 665.04 ss 4300 29-Nov-06 49600 DISNEY WONDER ss 4301 29-Nov-06 49601 DISNEY WONDER 47.00 3 367.70 ss 4302 29-Nov-06 49602 DOLPHIN MGMT 168 202.74 ss 4303 29-Nov-06 49603 ASIANA PHILS. 183 488.04 33,171.97 ss 4304 29-Nov-06 49604 VISION AIR ss 4305 29-Nov-06 49605 MANDARA CREW 3 032.82 47.00 ss 4306 29-Nov-06 49606 Transnational Resources Inc. 3,031.82 ss 4307 29-Nov-06 49607 CASTAWAY CAY 1 752.92 168 202.74 ss 4308 29-Nov-06 49608 PROSPERIDAD EMPLOYEE 3 302.16 ss 4309 29-Nov-06 49609 PROSPERIDAD CREW 96,443.29 183 488.04 ss 4310 29-Nov-06 49610 NEO MARINE CREW ss 4311 29-Nov-06 49611 NEO MARINE EMPLOYEE 412.60 3 032.82 ss 4312 29-Nov-06 49612 HKG FLT MGT 456.40 825.20 3 031.82 28 489.68 50 401.05 1 752.92 1 968.16 25 336.33 3 302.16 96 443.29 412.60 456.40 825.20 28 489.68 50 401.05 1 968.16 25 336.33 ss 4313 29-Nov-06 49613 MAUNLAD EMPLOYEE 912.79 912.79 ss 4314 29-Nov-06 49614 MAUNLAD CREW 18 475.01 ss 4315 29-Nov-06 49615 MATATAG CREW 27 832.34 18 475.01 27 832.34 ss 4316 29-Nov-06 49616 Dynamic Asset 2,291.44 2,291.44 ss 4317 29-Nov-06 49617 KAPALARAN EMPLOYEE 2 332.84 ss 4318 29-Nov-06 49618 DOLPHIN MGMT 2 296.24 2,332.84 ss 4319 29-Nov-06 49619 DOLPHIN MGMT 1 230.25 ss 4320 29-Nov-06 49620 CANDENZA EMPLOYEE 2 594.72 2 296.24 ss 4321 30-Nov-06 49621 Justo Norito 9 307.41 1 230.25 2 594.72 9 307.41 - 30-Nov-06 49621 Elmer Enverga 9 585.50 9 585.50 30-Nov-06 49622 NLPH (NTVLI & NWTJ 4 776.95 ss 4322 30-Nov-06 49624 NLPH (NTVLI & NWT) 33,843.32 4 776.95 ss 4324 30-Nov-06 49625 LAWIN EMPLOYEE 1 357.64 ss 4325 30-Nov-06 49626 EXITO EMPLOYEE 1 293.06 33 843.32 ss 4326 30-Nov-06 49627 DOLSHIP MET! 1 366.41 ss 4327 30-Nov-06 49628 DOLSHIP MET! 1 357.64 ss 4328 30-Nov-06 49629 KAGITINGAN CREW 981.28 ss 4329 30-Nov-06 49630 HARMONY CREW 19 240.01 1 293.06 ss 4330 30-Nov-06 49631 EXITO CREW 55 493.32 ss 4331 30-Nov-06 49632 CADENZA CREW 27 062.17 1 366.41 ss 4332 30-Nov-06 49633 Alamat Crew 116 676.65 ss 4333 30-Nov-06 49634 AMBULO 74 017.97 981.28 ss 4334 30-Nov-06 49635 DECENA 43 060.90 ss 4335 29 310.36 19 240.01 55 493.32 27 062.17 116 676.65 74,017.97 43 060.90 29 310.36

CIR vs. Transnational Plans, Inc. Page 48 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 55 4336 30-Nov-06 No. NEWTOP Register Collection 55 4337 30-Dec-06 49636 MARINE ENGR'S CORP 43 880.70 569.40 55 4338 30-Dec-06 49637 ICMA 12 342.93 43 880.70 55 4339 30-Dec-06 49638 HACHIUMA NYK 10 122.35 572.00 12 342.93 55 4340 30-Dec-06 49639 NYK SINGAPORE 5 061.17 643.50 10 122.35 55 4341 30-Dec-06 49640 Sison Wilfredo 9 960.00 833.30 55 4342 30-Dec-06 49641 TDG-SZN 814.00 5 061.17 55 4343 30-Dec-06 49642 De Leon,Janice 795 227.78 3 471.00 5.34 9 960.00 55 4344 30-Dec-06 49643 TDG-JRD 1 371.00 55 4345 30-Dec-06 49644 PIZZATEK & FOODS CORP. 281 700.38 2 028.00 814.00 55 4346 30-Dec-06 49645 PIZZATEK & FOODS CORP. 2 386.12 569.40 795 227.78 55 4347 29-Dec-06 49646 AM EX-ADVENTURE 1125.20 609.70 55 4348 30-Dec-06 49647 NLPH (NTVLI & NWT) 9 769.68 284.70 1 371.00 55 4349 30-Dec-06 49648 TDC 36 980.35 281 700.38 55 4350 30-Dec-06 49649 TCL 1 054.38 1 883.70 55 4351 30-Nov-06 49650 Acuna. Grace 7 301.67 2 386.12 55 4352 30-Nov-06 49651 YUSEN AIR 825.40 284.70 1125.20 55 4353 30-Nov-06 49652 LIAD, GERRY 50 701.49 284.70 9 769.68 55 4354 30-Dec-06 49653 Fermin Miriam 500.00 389.35 36 980.35 55 4356 30-Dec-06 49654 Fermin Miriam 829.00 1 054.38 55 4357 30-Dec-06 49656 Lopez Charisse 933.00 569.40 7 301.67 55 4358 30-Dec-06 49657 YAP, MARGIE 1 507.80 55 4360 30-Dec-06 49658 Ligutom Ma. Carr 650.00 855.40 256.00 55 4361 30-Dec-06 49660 Flores Ruby Rizalle 5 445.34 2 566.20 50 701.49 55 4362 30-Dec-06 49661 Numdico C. Albino 4 828.56 55 4365 30-Dec-06 49662 Escalante, Anselmo 912.80 855.40 500.00 55 4366 30-Dec-06 49665 Escalante Anselmo 3 239.00 569.40 257.00 55 4367 30-Dec-06 49666 Ofalsa Rhodora 824.40 9,750.00 289.50 55 4368 30-Dec-06 49667 Matawara Rea 883.59 674.50 55 4369 30-Dec-06 49668 DEL MUNDO, ERNESTO 412.20 426.40 650.00 55 4370 30-Dec-06 49669 YUSEN AIR 500.00 284.70 1969.00 55 4373 30-Dec-06 49670 Juliet Nuestro 12 603.01 4 828.56 55 4374 30-Dec-06 49673 Florencio Enotorio 6 248.36 912.80 55 4375 30-Dec-06 49674 Reyes Rodyser 3 170.00 1 211.00 55 4376 30-Dec-06 49675 Caibigan Pedro Jr. 22 871.68 255.00 55 4377 30-Dec-06 49676 Noly Canonoy 22 598.05 273.89 55 4378 30-Dec-06 49677 Arnulfo BayotJr. 21 829.00 127.50 55 4379 30-Dec-06 49678 Divina Pelobello 1 026.00 500.00 55 4380 30-Dec-06 49679 Bustamante Lorena 456.39 12 603.01 55 4381 30-Dec-06 49680 Bustamante Lorena 412.20 6 248.36 55 4382 30-Dec-06 49681 LIAD GERRY 835.00 1 286.30 55 4383 30-Dec-06 49682 Acuna Grace 500.00 22 871.68 55 4384 30-Dec-06 49683 DEL MUNDO ERNESTO 825.40 22 598.05 55 4385 30-Dec-06 49684 Sobremonte Rogelio 500.00 21 829.00 55 4386 30-Dec-06 49685 Del Ayre,Homer 1239.70 1 026.00 55 4387 30-Dec-06 49686 Diesmos Tessa 3 719.20 171.69 55 4388 30-Dec-06 49687 Choy, Louella 1 239.40 127.50 55 4389 30-Dec-06 49688 Mata Grace 913.00 445.65 55 4390 30-Dec-06 49689 YUSEN OFFICER 15 630.00 500.00 55 4391 30-Dec-06 49690 YAS BROKERAGE 11 244.83 256.00 55 4392 30-Dec-06 49691 GARCESA EDUARDO 5 204.45 500.00 55 4393 30-Dec-06 49692 Bisares Marieta 24 410.00 384.30 55 4394 30-Dec-06 49693 Grace Beriso 685.00 1153.00 55 4395 30-Dec-06 49694 Calia01 Cezar Rodel 456.00 384.00 49695 7 836.72 343.60 5 880.00 11 244.83 5 204.45 24 410.00 258.60 171.30 7 836.72

CIR vs. Transnational Plans, Inc. Page 49 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 55 4396 29-Dec-06 No. OPERANA EDGAR Register Collection 55 4397 29-Dec-06 49696 OPERANA EDGAR 4 333.20 2 990.00 55 4398 29-Dec-06 49697 Carmela Dadural 4 945.50 1 343.20 55 4401 30-Dec-06 49698 TCL 1 000.00 3 412.50 1 533.00 55 4402 30-Dec-06 49701 DOMINOS-TRANSAM 8 441.70 55 4403 30-Dec-06 49702 DOMINOS-TRANSAM 1 825.60 569.40 430.60 55 4404 30-Dec-06 49703 DOMINOS-TRANSAM 1825.60 8,441.70 55 4405 30-Dec-06 49704 NYKFJSC-MANILA 1825.60 1 825.60 55 4406 30-Dec-06 49705 NYKFJSC-MANILA 591.18 1 825.60 55 4407 30-Dec-06 49706 NYKFJSC-MANILA 80 490.75 1 825.60 55 4408 30-Dec-06 49707 NYKFJSC-CEBU 2 385.15 55 4409 30-Dec-06 49708 NYK FIL JAPAN 1 239.67 591.18 55 4410 30-Dec-06 49709 NESC 12 567.49 80,490.75 55 4411 30-Dec-06 49710 NESC 59,676.51 55 4412 30-Dec-06 49711 NESC 20 258.15 2 385.15 55 4413 30-Dec-06 49712 Intramuros Properties Inc. 5 329.61 1,239.67 55 4414 30-Dec-06 49713 NYK NETI 8 111.57 12,567.49 55 4415 30-Dec-06 49714 NYKFIL EMPLOYEE 4 257.25 59 676.51 55 4416 30-Dec-06 49715 NYK FIL SMI 19 220.41 20 258.15 55 4417 29-Dec-06 49716 TMDC 75 988.10 5,329.61 55 4418 29-Dec-06 49717 TMDC 4,939.09 8,111.57 55 4419 29-Dec-06 49718 TMDC 10 540.12 4 257.25 55 4420 29-Dec-06 49719 TMDC 3 020.51 19 220.41 55 4421 29-Dec-06 49720 TMDC 51153.48 75 988.10 55 4422 30-Dec-06 49721 CASSC EMPLOYEE 50 701.49 4,939.09 55 4423 30-Dec-06 49722 TESI 4,759.71 10,540.12 55 4424 30-Dec-06 49723 TESI 15 341.05 3 020.51 55 4425 30-Dec-06 49724 LAWIN CREW 15 341.05 51153.48 55 4426 30-Dec-06 49725 IDEAL CREW 43 153.68 50 701.49 55 4427 30-Dec-06 49726 VROON CREW 23 962.59 4 759.71 55 4428 30-Dec-06 49727 Alamat Crew 96 492.29 15 341.05 55 4429 30-Dec-06 49728 NEO MARINE CREW 505.97 15 341.05 55 4430 30-Dec-06 49729 LAWIN CREW 5 061.17 43 153.68 55 4431 30-Dec-06 49730 TAC 17 215.86 23 962.59 55 4432 30-Dec-06 49731 CASSC EMPLOYEE 933.57 96 492.29 55 4433 30-Dec-06 49732 CASSC EMPLOYEE 4,208.64 55 4434 30-Dec-06 49733 Cabanqon Henrv 5,796.09 505.97 55 4435 30-Dec-06 49734 Inaldo Nerwin 14 386.18 5 061.17 55 4436 30-Dec-06 49735 GARCESA EDUARDO 6 652.08 17 215.86 55 4437 30-Dec-06 49736 SIBAL, MA. ROSELLE 4 882.00 55 4438 30-Dec-06 49737 NYK FIL SMI 3 713.36 933.57 55 4442 30-Dec-06 49738 Dan C. Florentino 23 058.71 4 208.64 55 4443 30-Dec-06 49742 Dan C. Florentino 18 661.12 5 796.09 55 4444 30-Dec-06 49743 Lacandalo, Pilardo 82.61 14 386.18 55 4447 30-Dec-06 49744 Lacandalo Pilardo 4 191.90 6 652.08 55 4450 30-Dec-06 49747 Bondoc Nino Anthony 5 067.27 4 882.00 29-Dec-06 49750 Cabading, Cesar 2 931.15 3 713.36 - 29-Dec-06 49751 Gulay,Samuel 4 113.00 23 058.71 29-Dec-06 49752 Pendon Joeffre 1 626.00 18 661.12 - 29-Dec-06 49753 Galagar Andrew 2 722.00 29-Dec-06 49754 Dejelo Josue 1 521.00 82.61 - 29-Dec-06 49756 Obani Quiruben 5 552.66 4 191.90 - 30-Dec-06 49757 Talaga Remigio 1 511.45 5 067.27 - 30-Dec-06 49801 TLSC 900.00 2 931.15 - 49802 3 918.05 4 113.00 1 626.00 55 4551 2 722.00 55 4552 1 521.00 5 552.66 1 511.45 900.00 3 918.05

CIR vs. Transnational Plans, Inc. Page 50 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 55 4553 30-Dec-06 No. TLSC Register Collection 55 4554 30-Dec-06 49803 TLSC 3,918.05 55 4555 30-Dec-06 49804 TLSC 2,479.89 3,918.05 55 4556 30-Dec-06 49805 DOLPHIN MGMT 5,391.72 2 479.89 55 4557 30-Dec-06 49806 CADENZA CREW 564.40 5 391.72 55 4558 30-Dec-06 49807 EXITO CREW 71,623.50 55 4559 30-Dec-06 49808 HARMONY CREW 29 521.79 564.40 55 4560 30-Dec-06 49809 IDEAL CREW 35 340.92 711623.50 55 4561 30-Dec-06 49810 KAGillNGAN CREW 26,045.73 29 521.79 55 4562 30-Dec-06 49811 MATATAG CREW 11 780.64 35,340.92 55 4563 30-Dec-06 49812 HKG FLT MGT 15,646.24 26,045.73 55 4564 30-Dec-06 49813 NEO MARINE CREW 11,950.21 11 780.64 55 4565 30-Dec-06 49814 PROSPERIDAD CREW 41,325.91 15,646.24 55 4566 30-Dec-06 49815 Alamat Crew 5 630.10 11,950.21 55 4567 30-Dec-06 49816 LAWIN CREW 19 932.15 41,325.91 55 4568 30-Dec-06 49817 DOLSHIP MGT 31 285.62 55 4569 30-Dec-06 49818 DOLPHIN MGMT 1,928.51 5 630.10 55 4570 30-Dec-06 49819 HOKOKU-DOLPHIN 1 416.40 19 932.15 55 4571 30-Dec-06 49820 KYOKKO CREW 151 476.55 31 285.62 55 4572 30-Dec-06 49821 TUMI 21 706.02 55 4573 30-Dec-06 49822 TRANSM CREW 16 588.46 1 928.51 55 4574 30-Dec-06 49823 FETRAN CREW 88 234.99 1 416.40 55 4575 30-Dec-06 49824 VROON CREW 135 256.58 151476.55 55 4576 30-Dec-06 49825 DISNEY WONDER 89 364.81 21 706.02 55 4577 30-Dec-06 49826 MANDARA CREW 164 496.39 16 588.46 55 4578 30-Dec-06 49827 NYK FIL SMI 106 472.42 88 234.99 55 4579 30-Dec-06 49828 NYK NETI 28 657.86 135 256.58 55 4580 30-Dec-06 49829 Intramuros Properties Inc. 10 790.63 89 364.81 55 4581 30-Dec-06 49830 IPSI 4 779.24 164 496.39 55 4582 30-Dec-06 49831 NYK NETI 26 071.65 106 472.42 55 4583 30-Dec-06 49832 NTMA 13 496.25 28 657.86 55 4584 30-Dec-06 49833 NYKFIL EMPLOYEE 13 980.29 10 790.63 55 4585 29-Dec-06 49834 CASTAWAY CAY 49 916.02 4 779.24 55 4586 29-Dec-06 49835 MAUNLAD CREW 1835.68 26 071.65 55 4587 29-Dec-06 49836 DISNEY MAGIC 21 571.39 13 496.25 55 4588 29-Dec-06 49837 Transnational Resources Inc. 206 277.34 13 980.29 29-Dec-06 49838 PROSPERIDAD EMPLOYEE 412.60 49 916.02 - 29-Dec-06 49839 NEO MARINE EMPLOYEE 412.60 1835.68 29-Dec-06 49840 MAUNLAD EMPLOYEE 1 968.16 21 571.39 55 4590 29-Dec-06 49841 LAWIN EMPLOYEE 912.79 206 277.34 55 4591 29-Dec-06 49842 KAPALARAN EMPLOYEE 678.82 55 4592 29-Dec-06 49843 DOLSHIP MGT INC 1166.42 412.60 55 4593 29-Dec-06 49844 EXITO EMPLOYEE 1 230.25 412.60 55 4594 29-Dec-06 49845 Cadenza Emp 646.53 1 968.16 55 4595 29-Dec-06 49846 DOLPHIN METI 1 297.36 912.79 55 4596 29-Dec-06 49847 Dynamic Asset 981.28 678.82 55 4597 29-Dec-06 49848 DOLSHIP MGT INC 1145.72 1166.42 55 4598 29-Dec-06 49849 PROSPERIDAD CREW 2 296.24 1 230.25 55 4599 29-Dec-06 49850 NEO MARINE CREW 16 019.15 646.53 55 4600 29-Dec-06 49851 HKG FLT MGT 43 144.58 1 297.36 55 4601 29-Dec-06 49852 MATATAG CREW 17 756.59 981.28 55 4602 29-Dec-06 49853 KAGITINGAN CREW 18 289.52 1145.72 55 4603 30-Dec-06 49854 LAWIN CREW 14 141.36 2 296.24 55 4604 30-Dec-06 49855 IDEAL CREW 32 718.36 16 019.15 55 4605 49856 17 872.38 43 144.58 55 4606 17 756.59 18 289.52 14 141.36 32 718.36 17 872.38

CIR vs. Transnational Plans, Inc. Page 51 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION Exhibit Date OR Client Collection per TFC DST Adjusted 30-Dec-06 No. HARMONY CREW Register p 157.448.85 p 953.44 Collection ss 4607 30-Dec-06 49857 EXITO CREW 27 349.15 ss 4608 30-Dec-06 49858 CADENZA CREW 20 173.29 27 349.15 ss 4609 30-Dec-06 49859 Alamat Crew 53 044.08 20 173.29 ss 4610 30-Dec-06 49860 VROON CREW 18 186.71 53 044.08 ss 4612 30-Dec-06 49862 KYOKKO CREW 98 217.60 18 186.71 ss 4613 30-Dec-06 49863 HOKOKU-DOLPHIN 23 880.61 98 217.60 ss 4614 30-Dec-06 49864 HOKOKU-DOLPHIN 116 271.65 23 880.61 ss 4615 30-Dec-06 49865 TUM! 5 000.20 116 271.65 ss 4616 30-Dec-06 49866 TRANSM CREW 8 243.58 ss 4617 30-Dec-06 49867 FETRAN CREW 128 110.79 5 000.20 ss 4618 30-Dec-06 49868 JRDC 110 437.43 8 243.58 ss 4619 29-Dec-06 49869 MARINE ENGR 2 389.02 128 110.79 ss 4620 29-Dec-06 49870 NYK SIN 12 144.65 110 437.43 ss 4621 29-Dec-06 49871 DISNEY MAGIC 22 576.95 2 389.02 ss 4622 29-Dec-06 49872 MANDARA 5 974.16 12 144.65 ss 4623 29-Dec-06 49873 NEO MARINE 498.00 22 576.95 ss 4624 29-Dec-06 49874 LAWIN CREW 5 030.69 5 974.16 ss 4625 29-Dec-06 49875 ALAMATCREW 7 040.88 ss 4626 29-Dec-06 49876 ALAMATCREW 502.92 498.00 ss 4627 29-Dec-06 49877 LAWIN CREW 497.84 5 030.69 ss 4628 29-Dec-06 49878 NEO MARINE 6 969.76 7 040.88 ss 4629 30-Dec-06 49879 VISION AIR 4 979.87 ss 4630 30-Dec-06 49880 TMDC 2 640.40 502.92 ss 4631 30-Dec-06 49881 TMDC 14 384.99 497.84 ss 4632 30-Dec-06 49882 TMDC 3 378.24 6 969.76 ss 4633 30-Dec-06 49883 NYKFJSC-MANILA 2 840.40 4 979.87 ss 4634 30-Dec-06 49884 NESC 152 040.34 2 640.40 ss 4635 30-Dec-06 49885 NYKFJSC-MANILA 4 887.82 14 384.99 ss 4636 30-Dec-06 49886 NYKFJSC -MANILA 2 387.33 3 378.24 ss 4638 30-Dec-06 49888 NYKFJSC -MANILA 7 314.34 2 840.40 30-Dec-06 49889 NYKFJSC-MANILA 75 988.10 152 040.34 - 30-Dec-06 49890 NYKFJSC-MANILA 2 539.62 4 887.82 29-Dec-06 49891 Justo Norito 7 314.34 2 387.33 ss 4640 29-Dec-06 49892 VISION AIR 9 307.41 7 314.34 ss 4641 29-Dec-06 49893 TDGI 2 640.40 75 988.10 ss 4642 29-Dec-06 49894 ADTOURS-MANILA 7 350.40 2 539.62 ss 4643 29-Dec-06 49897 Am 7,530.09 7 314.34 ss 4644 29-Dec-06 49898 ADTOURS-MANILA 41034.67 9 307.41 ss 4647 29-Dec-06 49899 TDGI 4 231.13 2,640.40 ss 4648 29-Dec-06 49900 TDGI 1,293.93 7 350.40 ss 4649 29-Dec-06 49901 NCT 10 765.08 7,530.09 ss 4650 29-Dec-06 49902 NCT 9 110.65 4 034.67 30-Dec-06 49903 FETRAN CREW 591.18 4,231.13 - 30-Dec-06 49904 DISNEY WONDER 2,584.20 1,293.93 49905 Subtotal- Fourth Quarter 3,093.72 10 765.08 - 9 110.65 p 15.702,631.10 591.18 - 2L584.20 3 093.72 - p 15.544,228.81 - Grand Total p 30,026,356.45 p 451,488.00 p 1,931.31 p 29,572,937.14 In fine, petitioner is liable for basic deficiency VAT in the amount of P1,489,455.35, as computed herein below:

CIR vs. Transnational Plans, Inc. Page 52 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION 3rd Quarter 4th Quarter Total Premium Collections p 14,323 725.35 p 15 702 631.10 p 30 026 356.45 Less: Trust Fund Contributions 294 039.15 157,448.85 451 488.00 Documentary Stamp Taxes Adjusted Premium Collections 977.87 953.44 1 931.31 Less: VAT Component (12%) Taxable Premium Collections p 4 028 708.33 p 15 544,228.81 p 29 572 937.14 Add: Surcharqes on Lapsed Plans 1 503 075.89 1 665 453.09 3 168 528.98 Processing Fees Other Income p 12 525 632.44 p 13 878 775.72 p 26 404 408.16 Commission Income Total Receipts Subject to VAT 928 034.56 754 544.00 1 682 578.56 79 755.03 108 323.01 188 078.04 464 326.39 293 007.53 757 333.92 121 713.95 55 511.95 177 225.90 p 14 119 462.37 p 15 090,162.21 p 29 209 624.58 Output Tax (12%) p 1 694 335.48 p 1 810 819.47 p 3 505 154.95 Add: Disallowed Input Tax Less: Input Tax 1 867.89 1 932.26 3 800.15 VAT Due Less: VAT Paid 66 176.73 113,053.30 179 230.03 Basic Deficiency VAT p 1 630 026.64 p 1 699 698.43 p 3 329 725.07 988 474.86 851 794.86 1 840 269.72 p 641,551.78 p 847,903.57 p 1,489,455.35 As to the prescriptive period, the 3-year general rule applies in this case. In the case of ESS Manufacturing Company, Inc. vs. Commissioner of Internal Revenue/3 there was an allegation of false return as the amount indicated therein was deficient, thus, no disclosure as to the truth regarding the correct amount subject to tax and the CIR insists to apply the exceptional 10-year prescriptive period. However, this Court, citing Aznar vs. Court of Appeals, 24 reiterated that it is quite easy for revenue officials to claim that there was falsity in the return, and mere falsity does not automatically apply the exceptional 10-year prescriptive period, unless there is proof that the return was made with design to mislead or deceive on the part of the taxpayer, or at the very least, show culpable negligence. Hence, this Court ruled that the general rule of 3-year prescriptive period to assess applies. 23 CTA Case No. 7958, February 14, 2014. 24 G.R. No. L-20569, August 23, 1974.

CIR vs. Transnational Plans, Inc. Page 53 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION The false or fraudulent return as an exception to the period of limitation must be actual not constructive. 25 It must be intentional, consisting of deception willfully and deliberately done or resorted to. 26 As stated in the case of Commissioner of Internal Revenue vs. Ayala Hotels, Inc., 27 "A mistake, not culpable in respect of its value would not constitute a false return." In this case, there was no imputation of filing of false returns on the part of TPI made by the CIR, nor did he present to prove such falsity. To clarify, the fact that a taxpayer is being assessed by the government, it means that there was alleged falsity in its return filed. If there will be no distinction between a mere false return, and a false return with intent to mislead or deceive on the part of the taxpayer, then the difference between the 3-year and 10-year prescriptive period to assess would be rendered nugatory. Moreover, this issue of filing a false return to apply the 10-year prescriptive period was never raised by the CIR in her Answer and Pre-trial Brief, or other pleadings filed before the Division. An issue not raised before the lower court could not be raised first time on appeal. 28 On the issue that the Court should consider the returns on WTC, EWT and DST on pre-need plans even though not formally offered, the Supreme Court case of Dizon vs. Court of Tax Appeals29 is on point. While the Supreme Court acknowledged the ruling in Vda. De Onate vs. Court of Appeals,30 which dispensed with the formal offer of evidence, the Supreme Court emphasized that such ruling is only an exception to the general rule. The Supreme Court allowed the evidence not formally offered to be admitted and considered but provided the following requirements are 25 Commissioner of Internal Revenue vs. Obayashi Philippines Corporation, CTA Case No. 6222, July 22, 2004. 26 Ibid. 27 CA-G.R. SP No. 70025, April19, 2004. 28 Commissioner of Internal Revenue vs. Obayashi Philippines Corporation, CTA EB No. 42 (CTA Case No. 6222), June 10, 2005, citing Victorias Milling Co., Inc., vs. Court of Appeals, 333 SCRA 663; Jimenez vs. Patricia, Inc., 340 SCRA 525 29 G.R No. 140944, April 30, 2008. 30 G.R. No. 116149, November 23, 1995, 250 SCRA 283, 287, citing People v. Napat- a, 179 SCRA 403 (1989) and People v. Mate, 103 SCRA 484 (1981). <

CIR vs. Transnational Plans, Inc. Page 54 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION present, viz: first, the same must have been duly identified by testimony duly recorded and, second, the same must have been incorporated in the records of the case. 31 Although the returns form part of the records of the case, TPI failed to raise that the same were duly identified by testimony duly recorded. Being an exception, it may be applied only when there is strict compliance with the requisites mentioned therein; otherwise, the general rule in Section 34 of Rule 132 of the Rules of Court should prevail. 32 While the CTA is not governed strictly by technical rules of evidence, 33 as rules of procedure are not ends in themselves and are primarily intended as tools in the administration of justice, the presentation of evidence is not a mere procedural technicality which may be disregarded. 34 As stated in the case of Heirs of Pedro Pasag vs. Paracha :35 "A formal offer is necessary because judges are mandated to rest their findings of facts and their judgment only and strictly upon the evidence offered by the parties at the trial. Its function is to enable the trial judge to know the purpose or purposes for which the proponent is presenting the evidence. On the other hand, this allows opposing parties to examine the evidence and object to its admissibility. Moreover, it facilitates review as the appellate court will not be required to review documents not previously scrutinized by the trial court. "36 Lastly, as to the imposition of surcharge and interests, it is unfortunate for TPI that the CIR is given three years by law to assess taxpayers, and interests run from date prescribed for payment until such is fully paid, thus, this Court simply applies Section 249 of the NIRC of 1997, to wit: 31 Napat-a, Ibid. 32 Dizon, Supra note 29. 33 Calamba Steel Center, Inc. (formerly JS Steel Corporation) v. Commissioner of Internal Revenue, G.R. No. 151857, April 28, 2005, 457 SCRA 482, 494. 34 Dizon, Supra note 29. 35 G.R. No. 155483, April 27, 2007, 522 SCRA 410, 416, citing Constantino v. Court of Appeals, G.R. No. 116018, November 13, 1996, 264 SCRA 59. 36 Cited in Dizon, Supra note 29.

CIR vs. Transnational Plans, Inc. Page 55 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION "SECTION 249. Interest. - "(A) In General. - There shall be assessed and collected on any unpaid amount of tax, interest at the rate of twenty percent (20�/o) per annum, or such higher rate as may be prescribed by rules and regulations, from the date prescribed for payment until the amount is fully paid. "(B) Deficiency Interest. - Any deficiency in the tax due, as the term is defined in this Code, shall be subject to the interest prescribed in Subsection (A) hereof, which interest shall be assessed and collected from the date prescribed for its payment until the full payment thereof. "(C) Delinquency Interest. - In case of failure to pay: XXX XXX XXX "(3) A deficiency tax, or any surcharge or interest thereon on the due date appearing in the notice and demand of the Commissioner, there shall be assessed and collected on the unpaid amount, interest at the rate prescribed in Subsection (A) hereof until the amount is fully paid, which interest shall form part of the tax. XXX XXX XXX" (Underlining supplied.) The case of Petron Corporation vs. Commissioner of Internal Revenue, 37 which disallowed the imposition of surcharge and interest therein cannot apply in this case as in Petron, it was once again assessed by the CIR for taxes it has already paid through the use of the tax credit certificates assigned in its favor, thus, there is no deficiency tax in the first place. 37 G.R. No. 180385, July 28, 2010.

CIR vs. Transnational Plans, Inc. Page 56 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION As to the argument that the simultaneous imposition of delinquency and deficiency interest is excessive and arbitrary, this Court has long ruled in the case of Takenaka Corporation Philippine Branch vs. Commissioner of Internal Revenue38 that the law could not be any clearer. It states that the interests, both deficiency and delinquency interests, shall be assessed until full payment thereof. 39 Dura lex sed lex. 40 TPI further argues that it was not informed of the imposition of these surcharge and interests, hence, should not be included in the computation. However, as stated by the Court in Division, the imposition of those is mandated by law. Ignorantia juris non excusat. 41 This Court upholds the finding of the Court in Division that TPI failed to prove that its clients are solely seafarers, when, even in its pleadings, it is but admitted that its clients, among others are seamen. It only means to show, even in its Articles of Incorporation, that it provides a plan from other types of clients as well, one of which, only, are seafarers. All other findings of the Division are affirmed by this Court as factual findings made by the Division can only be disturbed on appeal if they are supplied by substantial evidence. TPI raised in its Petition for Review mere reiterations of arguments raised before the Division. WHEREFORE, premises considered, the instant Petition for Review is hereby PARTIALLY GRANTED. Accordingly, the Decision and Resolution dated February 20, 2015 and July 13, 2015 respectively are hereby MODIFIED. The cancellation and withdrawal of the assessments covering taxable year 2006 for deficiency income tax in the amount of P2,737,817.02 and compromise penalties in the 38 CTA EB No. 745 (CTA Case No. 7701) September 4, 2012. 39 Ibid. 40 The law may be harsh, but it is still the law. 41 Article 3, Civil Code of the Philippines, "Ignorance of the law excuses no one from compliance therewith."

CIR vs. Transnational Plans, Inc. Page 57 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION amount of P132,000.00 is AFFIRMED. The assessments for WTC, EWT, DST in the assailed Resolution are hereby AFFIRMED. However, the assessments for deficiency VAT, is UPHELD IN PART. Accordingly, petitioner is ORDERED TO PAY respondent the amount of P3,105,277.51 inclusive of the twenty-five percent (25�/o) surcharge imposed under Section 248(A)(3) of the NIRC of 1997, computed as follows: Tax Type Basic Tax 250/o Surcharge Total Value-Added Tax p 1,489,455.35 p 372,363.84 p 1,861,819.19 Withholding Tax On Compensation 803,789.33 200,947.33 1,004, 736.66 Expanded Withholding Tax 59,693.82 14,923.46 74,617.28 32,820.88 Documentary Stamp Tax 131,283.50 164,104.38 Total P2,484,222.00 P621,055.51 P3,105,277.51 In addition, petitioner is ORDERED TO PAY respondent the following: (c) Deficiency interest at the rate of twenty percent (20�/o) per annum on the basic deficiency VAT, WTC, EWT and DST computed from the dates indicated below until full payment thereof pursuant to Section 249(6) of the NIRC of 1997, as amended; Tax Type Basic Tax Deficiency Interest Value-Added Tax Computed from p 641,551.78 3rd Quarter 847,903.57 October 25, 2006 4th Quarter January 25J 2007 p 1,489,455.35 Withholding Tax On Com_Q_ensation p 803,789.33 January 15, 2007 Expanded Withholding Tax January 15, 2007 Documentary Stamp Tax 59,693.82 January 5, 2007 137,183.50 (d) Delinquency interest at the rate of 20�/o per annum on the total amount of P3,105,277.51 and on the 20�/o deficiency interest which have accrued as afore-stated in (a),

CIR vs. Transnational Plans, Inc. Page 58 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION computed from April 15, 2011 until full payment thereof pursuant to Section 249(C) of the NIRC of 1997, as amended. SO ORDERED. CUlxN. M~~.C~ CIELITO N. MINDARO-GRULLA Associate Justice WE CONCUR: (See Concurring and ssenting Opinion) ROMAN G. DEL ROSARIO Presiding Justice s;L~�-h C .QY-~-u. I~ � JUANITO C. CASTANEDA, JR. LOVELtf.{, BAUTISTA Associate Justice Associate Justice CAESA~SANOVA I Associate Justice d~rio's (loins Pl Concurring and Dissenting Opinion) ERLINDA P. UY Associate Justice ESPE Cfb.A.. ~ A , J-.... MA. BELEN M. RINGPIS-LIBAN Associate Justice C~T~ CATHERINE T. MANAHAN Associate Justice

CIR vs. Transnational Plans, Inc. Page 59 of 59 CTA EB No. 1337 (CTA Case No. 8291) Transnational Plans, Inc. vs. CIR CTA EB No. 1339 (CTA Case No. 8291) DECISION CERTIFICATION Pursuant to Article VIII, Section 13 of the Constitution, it is hereby certified that the conclusions in the above Decision were reached in consultation before the case was assigned to the writer of the opinion of the Court En Bane. Presiding Justice

. REPUBLIC OF THE PHILIPPINES Court of Tax Appeals QUEZON CITY EN BANG COMMISSIONER OF CTA EB No. 1337 INTERNAL REVENUE, (CTA Case No. 8291) Petitioner, -versus- TRANSNATIONAL PLANS, CTA EB No. 1339 INC., (CTA Case No. 8291) Respondent. Present: X- - - - - - - - - - - - - - - - - - - - - - -X TRANSNATIONAL PLANS, INC. Petitioner, Del Rosario, P.J., Castaneda, Jr., Bautista, -versus- Uy, Casanova , Fabon-Victorino, Mindaro-Grulla, Ringpis-Liban, and Manahan, JJ. COMMISSIONER OF INTERNAL REVENUE, Promulgated: 2 # ----- Respondent. MAR 7 2017 c3 '/.j~ ~ � X- - - - - - - - - - - - - - - - - - - - - - - - - - - - -- - - - - - - - - - - X CONCURRING AND DISSENTING OPINION DEL ROSARIO, P.J.: I concur with the ponencia in partially granting the Petition for Review of Transnational Plans, Inc. (TP/), in affirming the cancellation and withdrawal of deficiency income tax and compromise penalties, in affirming the assessed withholding tax on compensation (WTC), expanded withholding tax (EWT) and documentary stamp tax (DST), and in modifying the February 20, 2015 Decision and July 13, 2015

Concurring & Dissenting Opinion Commissioner of Internal Revenue vs. Transnational Plans, Inc.; Transnational Plans, Inc. vs. Commissioner of Internal Revenue CTA EB Nos. 1337 & 1339 (CTA Case No. 8291) Page 2 of7 Resolution of the Court in Division with respect to deficiency value- added tax (VAT} is concerned. Apart from the reduction of the amount of basic deficiency VAT, I submit that the 20�/o deficiency interest should not be imposed on deficiency VAT, WTC, EWT and DST assessed against TPI. This is not the first time I made an opinion that the 20�/o deficiency interest imposed under Section 249(8) of the National Internal Revenue Code (NIRC) of 1997, as amended, cannot be imposed indiscriminately to all forms of deficiency taxes. I submit that such kind of interest is imposable only on tax specifically covered and defined by the relevant provisions of the NIRC, i.e., income tax, donor's tax and estate tax. In this regard, I quote below the position I have taken in the consolidated cases of Commissioner of Internal Revenue vs. Philippine Tobacco Flue-Curing & Redrying Corporation1 on the imposition of deficiency interest: "xxx I am not unaware of Paper Industries Corporation of the Philippines vs. Court of Appeals, Commissioner of Internal Revenue, and Court of Tax Appeals (PICOP), 2 which somehow made mention of deficiency interest under the NIR~C of 1977. I must stress, however, that PICOP cannot be relied upon to justify the imposition of deficiency interest on petitioner's excise tax liability. PICOP did not state nor resolve the issue whether or not the deficiency interest provided for in Section 249 (B) of the NIRC of 1997, as amended, may be imposed on tax other than donor's, estate, and income taxes. Thus, not 1 CTA EB Nos. 1218 and 1220, April 11, 2016. This is consistent with my earlier opinion in Avon Products Manufacturing, Inc. vs. Commissioner of Internal Revenue, CTA EB No. 1062, January 15, 2016; CIR vs. Staedtler (Philippines), Inc., CTA EB No. 1310, January 28, 2016; Medicard Philippines, Inc. vs. CIR, CTA EB No. 1224, January 29, 2016; Lourdes College vs. CIR, CTA EB No. 1164, February 2, 2016; Philippine Aerospace Development Corporation vs. CIR, CTA EB No. 1035, February 9, 2016; CIR vs. BPI-Phi/am Life Assurance Corporation, CTA EB No. 1240, February 11, 2016; CIR vs. OfficeMetro Philippines, Inc. (formerly Regus Centres, Inc.), and Offi,ceMetro Philippines, Inc. vs. CIR, CTA EB Nos. 1210 & 1213, March 7, 2016; and CIR vs. ESS Manufacturing Company, Inc., ESS Manufacturing Company, Inc. vs. CIR, CTA EB Nos. 1169 & 1175, March 30, 2016. 2 G.R. Nos. 106949-50, December 1, 1995.

Concurring &Dissenting Opinion Commissioner of Internal Revenue vs. Transnational Plans, Inc.; Transnational Plans, Inc. vs. Commissioner of Internal Revenue CTA EB Nos. 1337 & 1339 (CTA Case No. 8291) Page 3 of7 having been resolved therein, PICOP cannot be considered as a doctrine on the matter. The case of Office of the Ombudsman vs. Honorable Court of Appeals and Former Deputy Ombudsman for the Visayas Arturo C. Mojica, 3 is instructive: "The legal maxim "stare decisis et non quieta movere" (follow past precedents and do not disturb what has been settled) states that where the same questions relating to the same event have been put forward by parties similarly situated as in a previous case litigated and decided by a competent court, the rule of stare decisis is a bar to any attempt relitigate the same issues. XXX XXX XXX Thus, where the issue involved was not raised nor presented to the court and not passed upon by the court in the previous case, the decision in the previous case is not stare decisis of the question presented." (Emphasis supplied) If PICOP has any relevance to the present controversy, it is the doctrinal precedent that deficiency interest may be imposed only on tax specifically covered by the relevant provision of . the NIRC of 1977. Thus, the Court in PICOP, while recognizing that transaction tax is in the nature of income tax and that deficiency interest is imposable on income tax, nonetheless declined to impose such deficiency interest on transaction tax after noting the significant provisions of the NIRC of 1977: first, it is Section 51 (c)(1 ), (e)(1 ), and (3) which impose deficiency interest; second, Section 51 (c) (1) confines such deficiency interest on taxes covered by TITLE II; and, third, that transaction tax does not fall within TITLE II. Thus: "It will be seen that Section 51 (c) (1) and (e) (1) and (3), of the 1977 Tax Code, authorize the imposition of surcharge and interest only in respect of a "tax imposed by this Title," that is to say, Title II on "Income 3 G.R. No. 146486, March 4, 2005.

Concurring & Dissenting Opinion Commissioner of Internal Revenue vs. Transnational Plans, Inc.; Transnational Plans, Inc. vs. Commissioner of Internal Revenue CTA EB Nos. 1337 & 1339 (CTA Case No. 8291) Page 4 of7 Tax." It will also be seen that Section 72 of the 1977 Tax Code imposes a surcharge only in case of failure to file a return or list "required by this Title," that is, Title II on "Income Tax." The thirty-five percent (35%) transaction tax is, however, imposed in the 1977 Tax Code by Section 210 (b) thereof which Section is embraced in Title Von "Taxes on Business" of that Code. Thus, while the thirty-five percent (35%) transaction tax is in truth a tax imposed on interest income earned by lenders or creditors purchasing commercial paper on the money market, the relevant provisions, i.e., Section 210 (b), were not inserted in Title II of the 1977 Tax Code. The end result is that the thirty-five percent (35%) transaction tax is not one of the taxes in respect of which Section 51 (e) authorized the imposition of surcharge and interest and Section 72 the imposition of a fraud surcharge." (Emphases supplied) True, the Supreme Court in P/COP declared that the present provision of the NIRC mentions that additions on tax applies to all taxes. While such pronouncement may not be construed beyond the context in which it was made, P/COP simply confirmed that in general, cert�lin penalties and charges are applicable to all types of tax or deficiency tax; PICOP, however, did not categorically construe the provision of Section 249 (B) that deals with "deficiency interest" on the type of tax "as defined in [the] Code." Note that the present NIRC is explicit with respect to the type of tax on which deficiency interest may be imposed, viz: 'Section 249.1nterest- (8) Deficiency Interest. - Any deficiency in the tax due, as the term is defined in this Code, shall be subject to the interest prescribed in Subsection (A) hereof, which interest shall be assessed and collected from the date prescribed for its payment until the full payment thereof.' (Emphasis supplied) Section 249 (B) cannot be any clearer: the deficiency interest must refer only to 'deficiency in the tax due, as the term is defined in [the] Code.'

Concurring & Dissenting Opinion Commissioner of Internal Revenue vs. Transnational Plans, Inc.; Transnational Plans, Inc. vs. Commissioner of Internal Revenue CTA EB Nos. 1337 & 1339 (CTA Case No. 8291) Page 5 of7 Verily, as the law stands, only donor's, estate, and income taxes carry a provision on deficiency tax; they are the types of taxes on which such deficiency interest may be imposed. Finally, Sections 247 (a) and 249 (A) are . general provisions that impose "additions" to the tax and "interest" thereon. Both sections may not be read in isolation from the relevant and specific provision of Section 249 (B) with respect to the imposition of "deficiency" interest, more so as all these provisions fall within the same Chapter I of Title X of the NIRC of 1997, as amended. Otherwise stated, Sections 247 (a) and 249 (A) must reasonably be read and construed subject to the provision of Section 249 (B)-- all these provisions being covered by the same Chapter I of Title X of the NIRC of 1997, as amended." Also apt is my discussion in my Concurring and Dissenting Opinion in Philippine Aerospace Oev~lopment Corporation vs. Commissioner of Internal Revenue4 which J� quote below: Settled is the rule that laws imposing tax is construed strictly against the government and liberally in favor of the taxpayer. Unless clearly imposed by pertinent provision of law, deficiency interest as an additional tax burden should not simply be presumed. Thus, the obligation to pay deficiency interest may not be applied to taxes other than income tax, donor's tax and estate tax, irrespective of whether an assessment is issued or not. After all, the deficiency tax assessed is still subject to the delinquency interest rate of 20% per annum until fully paid. Truth be told, the delinquency interest rate of 20% is way more than the legal interest of 12% per annum. Finally, I would like to re-echo the admonition I made relative to the exercise of the power of taxation vis-a-vis the proprietary rights of taxpayers in Commissioner of Internal Revenue v. Officemetro Philippines, Inc. (formerly REGUS CENTRES, INC.)5, which reads: 4 CTA EB No. 1035, February 9, 2016. 5 CTA EB Nos. 1210 & 1213, dated July 1, 2016.

Concurring &Dissenting Opinion Commissioner of Internal Revenue vs. Transnational Plans, Inc.; Transnational Plans, Inc. vs. Commissioner of Internal Revenue CTA EB Nos. 1337 & 1339 (CTA Case No. 8291) Page 6 ofl The power of taxation is sometimes called also the power to destroy. Therefore, it should be exercised with caution to minimize injury to the proprietary rights of a taxpayer. It must be exercised fairly, equally and uniformly, lest the tax collector kills the "hen that lays the golden egg."6 Indeed, the imposition of 20% deficiency interest per annum on a tax not clearly within the context of the law, in addition to 20% delinquency interest per annum and a surcharge of 25% on the amount due under Section 248 of the NIRC of 1997, as amended, is too burdensome for a taxpayer to survive and continue its business affairs. In fine, Section 249 (B) of the NIRC is clear and explicit as when deficiency interest may be imposed, i.e., it may be imposed only on "any deficiency in the tax due as the term is defined in [the National Internal Revenue] Code." While there are many situations which could give rise to deficiency tax liabilities, Section 249 (B) of the NIRC qualified the imposition of deficiency interest to "deficiency in the tax due, as the term is defined in the Code." This evidently means that not all situations involving deficiency tax liabilities should be subjected to deficiency interest. Notably, Sections 248 [Civil Penalties] and 249(C) [Delinquency Interest] of the NIRC, both of which fall under Chapter I of Title X [Statutory Offenses and Penalties], prescribe "Additions to the Tax"; yet, these Sections did not provide the same qualification as that which is stated in Section 249(8) of the NIRC. Moreover, Section 248(A) of the NIRC imposes the 25�/o surcharge simply in addition to the tax required to be paid, and Section 248(8) imposes the penalty of 50�/o of the tax or of the deficiency tax, without qualification similar to that provided in Section 249(8) of the NIRC. In the same vein, delinquency interest provided in Section 249 of the NRIC is imposed without qualification on the amount of the tax due, or on the deficiency tax, or on any surcharge or interest thereon. Reasonably construed, in the absence of aforestated qualification, the "additions" to tax apply to all forms of tax. On the other hand, to impose or demand payment of 20% deficiency interest on all deficiency tax liabilities would render senseless the unequivocal qualification in Section 249(8) of the NIRC that deficiency interest shall be imposed only on "any 6 Commissioner of Internal Revenue v. SM Prime Holdings, Inc., G.R. No. 183505, February 26, 2010, citing Roxas v. Court of Tax Appeals, G.R. No. L- 25043, April 26, 1968.

Concurring & Dissenting Opinion Commissioner of Internal Revenue vs. Transnational Plans, Inc.; Transnational Plans, Inc. vs. Commissioner of Internal Revenue CTA EB Nos. 1337 & 1339 (CTA Case No. 8291) Page 7 of7 deficiency in the tax due as the term is defined in [the National Internal Revenue] Code." Had it been the intention to impose deficiency interest on all deficiency tax liabilities, this specific qualification would not have been incorporated therein, similar to Sections 248 and 249 (C) of the NIRC. Since it is only with respect to the donor's tax, income tax and estate tax which incorporate provisions that specifically define "deficiency" and considering that Section 249(8) of the NIRC is categorical that deficiency interest shall be imposed only on any deficiency in the tax due as the term is defined in the NIRC, I reiterate that the deficiency interest must be imposed only on these three (3) types of taxes. The liability to pay deficiency interest springs from Section 249(8) of the NIRC and its imposition must be strictly exercised in accordance with its precepts. This is consistent with Article 1158 of the Civil Code of the Philippines which provides that "Obligations derived from law are not presumed. Only those expressly determined in this Code or in special laws are demandable, and shall be regulated by the precepts of the law which establishes them; XXX XXX XXX." In sum, deficiency interest may be imposed only on tax specifically covered and defined by the .relevant provisions of the NIRC, i.e., income tax, donor's tax and estate tax; conversely, deficiency interest may not properly be imposed on deficiency VAT, WTC, EWT and DST assessed against TPI. ' All told, I vote to PARTIALLY GRANT the Petition for Review of Transnational Plans, Inc and to DENY the Petition for Review of the Commissioner of Internal Revenue, and to AFFIRM the judgment of the Court in Division WITH MODIFICATION relating to the imposition of 20�/o deficiency interest on deficiency Value Added Tax, Withholding Tax on Compensation, Expanded Withholding Tax and Documentary Stamp Tax, which should appropriately be CANCELLED AND SET ASIDE. Presiding Justice