METROPOLITAN BANK AND TRUST COMPANY v. COMMISSIONER OF INTERNAL REVENUE

REPUBLIC OF THE PHILIPPINES COURT OF TAX APPEALS QUEZON CITY FIRST DIVISION METROPOLITAN BANK & TRUST C.T.A. CASE NO. 7184 COMPANY, Members: Petitioner, -versus- ACOSTA, Chairman BAUTISTA, and CASANOVA, JJ. COMMISSIONER OF INTERNAL Promulgated: REVENUE, ~ :uvM) Respondent. x--------------------------------------- ----- ------ ----x RESOLUTION The "Motion to Withdraw Petition for Review," filed by petitioner' s counsel on February 22, 2008, is hereby GRANTED pursuant to the order of this court during the hearing held on February 26, 2008. Petitioner availed of the One Time Abatement Program under Revenue Regulations No. 15-2006 upon payment of the basic tax amounting to P168,154,979.45 for the year 2001. On September 3, 2007, the respondent through Mr. Cesar Charlie C. Lim, OIC-Head Revenue Executive Assistant LTS-Regular Large Taxpayers, issued a Termination Letter in favor of the petitioner. WHEREFORE, the Petition for Review, filed on March 30, 2005, is hereby WITHDRAWN. This case is now considered CLOSED AND TERMINATED. SO ORDERED. ~~l9 - Qvvv'- ERNESTO D. ACOSTA /2_ Presiding Justir CAESAR~ANOVA Associate Justice