BANK OF THE PHILIPPINE ISLANDS v. COMMISSIONER OF INTERNAL REVENUE

REPUBLIC OF TH E PHI LIPPINES COURT OF TAX APPEALS QU EZON CITY ENBANC BANK OF THE PHILLIPIN E ISLANDS, C.T.A. EB No. 341 Petitioner, (C.T.A. Case No. 7484) Present: -versus- Acosta, P.J., Castaneda, Jr., Bautista, Uy, Casanova, Palanca-Enriquez, JJ. COMMISSIONER OF INTERNAL REVENUE, Respondent. Promulgated : JAN 3 ozooa. ~ , .._ - - - -0-1-x-J-r--'N'~ /;n;~� �?h, x------------------------------------------------------------------------------x RE S OLUTION This is a Petition for Review filed on December 10, 2007 by petitioner Bank of the Philippine Islands which seeks to set aside the Decision and Resolution dated June 25, 2007 and November 5, 2007, respectively, both issued by the Second Division of this Court in CTA Case No. 7484 dismissing for lack of merit the Petition for Review and Motion for Reconsideration filed before the Second Division of this Court

RESOLUTION EB. No. 341 Page2of2 in CTA Case No. 7484. Concurrently, on December 10, 2007, the petitioner filed a Motion to Withdraw the Petition. WHEREFORE, in view of petitioner's Motion to Withdraw the Petition filed on December 10, 2007, the Court En Bane resolves to GRANT the motion for reasons stated therein . Accordingly, let the Petition for Review be deemed withdrawn and the above-entitled case considered closed and terminated . SO ORDERED. \\_~- IR.� ~ ERNESTO D. ACOSTA ~/, c_ -a.Y'~~ ~ . CAESA~ANOVA tlifANITO c. CASTANEDA, JR. Associate Justice Associate Justice .. Associate Justice