Makati City told to pay

P1.2-B tax arrears

Philippine Daily Inquirer / 05:12 AM July 21, 2023
The Supreme Court has ordered the Makati City government to settle its
deficiency taxes amounting to over P1.2 billion, plus interests.

In a resolution dated March 15 but released only on July 18, the high
court’s Third Division told the Makati City government to pay the Bureau
of Internal Revenue (BIR) its deficiency taxes for 1999-2001 and 2002-
2004 in the amounts of P1.05 billion and P217.8 million, respectively.
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In addition, Makati has to pay interest and delinquency interest to be

computed by the BIR.

The Supreme Court, however, ordered the BIR to deduct P400 million and
P302 million that the Makati City government had paid earlier.

In issuing the order, the Supreme Court denied both Makati City’s motion
to dismiss the case and petition to set aside the decision of the Court of
Tax Appeals.

The high court ordered the bureau to impose deficiency and delinquency
interests at 20 percent per annum on the basic deficiency and on the total
amount. —TINA G. SANTOS

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