FILMETRICS CORPORATION v. COMMISSIONER OF INTERNAL REVENUE

REPUBLIC OF THE PHILIPPINES Court of Tax Appeals QUEZON CITY Third Division FILMETRICS CORPORATION, CTA CASE N0.11897 Petitioner, Members: -versus- MODESTO-SAN PEDRO, Chairperson, and FERRER-FLORES, JJ COMMISSIONER OF Promulgated: INTERNAL REVENUE, X ------------------------------~~~~~~-~~-~-~�-------~~-~---~:~-f-'#tf-~-------------------------- X RESOLUTION For the Cow1's resolution is petitioner's Motion to Withdraw Petition, filed via licensed courier on September 8, 2025, with respondent's Comment (Petitioner 's Motion to Withdraw Petition), filed on October 14, 2025. Petitioner seeks to withdraw the instant Petition as it has instead opted to apply for a compromise settlement at the administrative level. For his part, respondent raises no objection to the withdrawal sought. As per Commissioner ofInternal Revenue v. Nippon Express (Phils.) Corporation, 1 an appeal before this Court may be withdrawn (1) at any time before the case is submitted for resolution; or (2) even after such submission and the filing ofthe appellee's briefor equivalent pleading, with the discretion of the Court. Considering that this case has not yet been submitted for decision, and given that petitioner is now pursuing a different course of action regarding the assailed assessment against it, the Court deems it appropriate to grant the withdrawal. That said, the withdrawal of an appeal results in the assailed decision becoming final and executory.2 Consequently, the various issuances petitioner previously sought to annul shall become final and executory, any compromise reached by the parties notwithstanding. G.R. No. 212920, September 16, 2015. Central Luzon Drug v. Commissioner ofInternal Revenue, G.R. No. 18 1371 , Ma rch 2, 20 II.

RE OLliTION CTA CASE 1 0. 11897 Page 2 o f 2 ACCORDINGLY, petitioner's Motion to Withdraw Petition, filed via licensed courier on September 8, 2025 , is hereby GRANTED. The instant Petition for Review is deemed WITHDRAWN, and this case is now CLOSED and TERMINATED. SO ORDERED. MARIAROr EN ustice Ass co~1(E.r~~~~~ Associate Justice