CTA voids P51.6-M BIR withholding tax assessment vs JTKC Land

THE Court of Tax Appeals (CTA) has voided a P51.59-million deficiency withholding tax assessment issued by the Bureau of Internal Revenue (BIR) against property developer JTKC Land, Inc., ruling that the assessments lacked legal basis and, in part, were issued without valid audit authority. In a 30-page decision promulgated on June 30, the CTA Special […]