Tax Updates October 2023 (SyCipLaw Tax Issues And Practical Solutions (T.I.P.S.) Vol. 28)

• Published date: 12 January 2024
• Subject Matter: Tax, Income Tax, Sales Taxes: VAT, GST, Property Taxes, Withholding Tax
• Law Firm: SyCip Salazar Hernandez & Gatmaitan
• Author: SyCip Salazar Hernandez & Gatmaitan

SyCipLaw's Tax Department has prepared Tax Issues and Practical Solutions (T.I.P.S.) for October.

The October 2023 issue covers the following tax issues:

1. In cases of real property taxes ("RPT") on land covered by the Torrens system, can treasurers of local governments rely on the certificates of title to determine the owner of the land for purposes of sending notices of deficiency RPT?

2. Is the 60-day period to submit supporting documents for a request for reinvestigation under a protest to a Final Assessment Notice/Final Letter of Demand ("FAN/FLD") for deficiency taxes counted from the date of the filing of said protest?

3. May the Court of Tax Appeals declare, as void and inoperative, the provision of a local government unit's revenue code - which requires the prior payment of local business taxes before entertaining a protest -...