May 24 2025 Tax Updates
May 26, 2025
COURT OF TAX APPEALS DECISIONS A PETITION FILED WITH THE CTA DUE TO THE COMMISSIONER’S INACTION WITHIN 180-DAYS IS DISMISSIBLE FOR LACK OF JURISDICTION. In Nueva Ecija II Electric Cooperative, Inc. Area II v. Commissioner of Internal Revenue, G.R. No. 258101 (Notice), Apri119, 2022, the Supreme Court categorically held that