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Requirement for Tax Refund or TCC - admin - 03-10-2023
CTA EB NO. 2484/CTA EB NO. 2508
March 8, 2023
1. The claim for refund was filed within the two-year reglementary period pursuant to Section 229 of the NIRC;
2. It is shown on the ITR that the income payment received is being declared part of the taxpayer's gross income; and,
3. The fact of withholding is established by a copy of the withholding tax statement, duly issued by the payor to the payee, showing the amount paid and income tax withheld from that amount.
Republic of the Philippines. represented bv the Commissioner of Internal Revenue v. Team (Phils.) Energy Corporation [formerly Mirant (Phils.) Energy Corporation.