GLOBAL BUSINESS HOLDINGS INC. v. COMMISSIONER OF INTERNAL REVENUE (Consolidated with Case No.7360)

REPUBLIC OF THE PHILIPPINES Court II TIXIPPIIIS QUEZON CITY SECOND D/11/S/011 GLOBAL BUSINESS HOLDINGS, C.T.A. CASE NO. 7359 INC. Petitioner, -versus - COMMISSIONER OF INTERNAL C.T.A. CASE NO. 7360 REVENUE, Members : Respondent CASTANEDA, JR., Chairperson X- - - - - - - - - - - - - - - - - - - - - - - - - - - X UY, and PALANCA-ENRIQUEZ, JJ. GLOBAL BUSINESS HOLDINGS, INC. Petitioner, -versus- COMMISSIONER OF INTERNAL Promulgated: REVENUE, Respondent. AUG 0 7 2008 62' / 1=n p-,.� X- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - X RESOLUTION This resolves : 1.) petitioner's "Motion to Dismiss" filed on May 5, 2008; and 2.) respondent's "Comment (To Petitioner's Motion to Dismiss)" filed on June 23, 2008.

RESOLUTION CTA CASE NOS. 7359 & 7360 Page 2 of2 In its motion , petitioner states that it availed of the Abatement program of the Bureau of Internal Revenue (BI R) under Revenue Regulation No. 15-2006; and paid the basic amount of gross receipts taxes for taxable year 1998 and 1999 covered under Formal Assessment Notices dated January 14, 2005 and March 14, 2005, respectively, which are the subjects of the instant petitions. Attached to the said motion is a Termination Letter dated April 10, 2008 signed by Romulo L. Aguila , Jr. (OIC-Head Revenue Executive Assistant, LTS Regular Taxpayers) of the Bureau of Internal Revenue. Hence, petitioner prays for the dismissal of the above-captioned cases for having become moot and academic. WHEREFORE, finding the motion to be well taken and considering that respondent interposed no objection thereto as stated in her "Comment," the "Motion to Dismiss" is hereby GRANTED. Accordingly, the above-captioned cases are hereby DISMISSED, and the cases are hereby considered CLOSED and TERMINATED. SO ORDERED. ' SZ~~C!..~~~~. AERs~ ~~~sti.UcYe ~LJANITO C. CASTANEDA, JR. Associate Justice OL~IQUEZ Associate Justice