C&G Law is representing Metro Rail Transit Corporation in proceedings before the Philippines’ Court of Tax Appeals. The firm’s role is to advocate for the cancellation of the assessment of alleged deficiency taxes (e.g., income tax, improperly accumulated earnings tax, value added tax, withholding taxes and documentary stamp tax).
This is one of the biggest deficiency tax assessments (in terms of amount at least) litigated in Philippine courts in recent history.
In a recent judgment, our appeal was granted, and the deficiency tax assessment was cancelled in its entirety.
The matter was led by Partner Anthony Mark A. Gutierrez and supported by Partner Roxanne Tadique and Associate Justin Mark C. Chan.
For more information, read here.