SUN LIFE OF CANADA (PHILIPPINES), INC v. COMMISSIONER OF INTERNAL REVENUE

REPUBLIC OF THE PHILIPPINES COURT OFTAX APPEALS QUEZON CITY FIRST DIVISION SUN LIFE OF CANADA (PHILIPPINES), C.T.A. CASE NO. 7485 INC., Members: Petitioner, -versus- ACOSTA, Chair�man BAUTISTA, and CASANOVA, JJ. COMMISSIONER OF INTERNAL Promulgated: REVENUE, MAY 16 2007 i q:qc ltft\ Respondent. x-------------------------- -- ------------- RESOLUTION Confirming the order of this court on May 11, 2007, petitioner's "Motion to Withdraw Petition for Review" filed on April 18, 2007, is hereby GRANTED considering the payment by petitioner of the total amount of P18,283,256.16, representing deficiency documentary stamp tax on life insurance, documentary stamp tax on medical certificates and value-added tax for taxable year 2001 and the issuance by the respondent of the authority to cancel the assessments subject matter of this case. WHEREFORE, the petition for review is hereby WITHDRAWN and this case is considered CLOSED AND TERMINATED. SO ORDERED. ~._..::::-~- a.___ ERNESTO D. ACOSTA Presiding Justice CAESAR A. CASANOVA Associate Justice