EWT and WTC are Prescriptible

[admin]

CTA Case 10002, March 23, 2023 (PetPlans)

 

Respondent contended that the EWT and WTC assessments against petitioner are imprescriptible. This is terribly misplaced.

 

In Commissioner of Internal Revenue v. La Flor Dela lsabela, lnc., the Supreme Court already declared that withholding tax assessments are subject to prescription (GR#211289, Jan. 14, 2019).