The Philippine unit of Deutsche Bank lost its bid to reopen a P22 million tax refund case before the Court of Tax Appeals. The court upheld the dismissal of the value-added tax claim of Deutsche Knowledge Services for quarters two through four of 2006. While Deutsche Knowledge Services argued the sales were zero-rated for VAT since they were to non-resident foreign corporations, the court found the evidence provided was insufficient to prove the clients' existence and registration in foreign countries. The court also ruled Deutsche Knowledge Services failed to meet the requirement that payments for services be in acceptable foreign currency and accounted for according to Bangko Sentral ng Pilipinas rules.
The Philippine unit of Deutsche Bank lost its bid to reopen a P22 million tax refund case before the Court of Tax Appeals. The court upheld the dismissal of the value-added tax claim of Deutsche Knowledge Services for quarters two through four of 2006. While Deutsche Knowledge Services argued the sales were zero-rated for VAT since they were to non-resident foreign corporations, the court found the evidence provided was insufficient to prove the clients' existence and registration in foreign countries. The court also ruled Deutsche Knowledge Services failed to meet the requirement that payments for services be in acceptable foreign currency and accounted for according to Bangko Sentral ng Pilipinas rules.
The Philippine unit of Deutsche Bank lost its bid to reopen a P22 million tax refund case before the Court of Tax Appeals. The court upheld the dismissal of the value-added tax claim of Deutsche Knowledge Services for quarters two through four of 2006. While Deutsche Knowledge Services argued the sales were zero-rated for VAT since they were to non-resident foreign corporations, the court found the evidence provided was insufficient to prove the clients' existence and registration in foreign countries. The court also ruled Deutsche Knowledge Services failed to meet the requirement that payments for services be in acceptable foreign currency and accounted for according to Bangko Sentral ng Pilipinas rules.
The Philippine unit of Deutsche Bank lost its bid to reopen a P22 million tax refund case before the Court of Tax Appeals. The court upheld the dismissal of the value-added tax claim of Deutsche Knowledge Services for quarters two through four of 2006. While Deutsche Knowledge Services argued the sales were zero-rated for VAT since they were to non-resident foreign corporations, the court found the evidence provided was insufficient to prove the clients' existence and registration in foreign countries. The court also ruled Deutsche Knowledge Services failed to meet the requirement that payments for services be in acceptable foreign currency and accounted for according to Bangko Sentral ng Pilipinas rules.
Nori Jayne Rubis - INDIVIDUAL TASK_ (USE PPT FOR PRESENTATION)-PREPARE A LIST OF COMPANIES IN THE PHILIPPINES ENGAGED IN PROVIDING LEASING SERVICES-PREPARE A REPORT ON THE VOLUME OF BUSINESS GENERATED BY THE LEASING
Timeline and Checklist For Event Planning Event Name Date Location/Venue(s) Description Purpose/Theme Time Number of Guests/audience VIP's Pre Event: Activity Person Responsible Due Date
