Post by joita9865 on Oct 19, 2023 4:18:36 GMT -5
In this judgment, the Supreme Administrative Court takes a different position than that presented in point - here the Supreme Administrative Court states that defects in the functioning of tax authorities misleading brochures authorized by the National Tax Administration should not negatively affect taxpayers who act in good faith and trust the content of the information they receive. Judgment of the Supreme Administrative Court of ref.
The case concerned the cancellation of tax arrears due to the inclusion in tax-deductible costs of the interest philippines photo editor on a loan taken out for the purchase of real estate sold in “ … Of course, the Director of the Tax Administration Chamber is right when he argues that the information brochure of the Ministry of Finance is not a source of law. Consequently, this material cannot be the basis for decisions issued in tax matters. In this context, however.
It should be noted that the circumstance that should be taken into account when issuing a tax decision in the circumstances of the case in question - regarding the write-off of tax arrears should not be the content of the information brochure itself, but the fact that it was misleading for Taxpayer … As a result, for several years this entity was in the false belief caused by the tax administration that its conduct had resulted in the actual tax exemption from personal income tax.
The case concerned the cancellation of tax arrears due to the inclusion in tax-deductible costs of the interest philippines photo editor on a loan taken out for the purchase of real estate sold in “ … Of course, the Director of the Tax Administration Chamber is right when he argues that the information brochure of the Ministry of Finance is not a source of law. Consequently, this material cannot be the basis for decisions issued in tax matters. In this context, however.
It should be noted that the circumstance that should be taken into account when issuing a tax decision in the circumstances of the case in question - regarding the write-off of tax arrears should not be the content of the information brochure itself, but the fact that it was misleading for Taxpayer … As a result, for several years this entity was in the false belief caused by the tax administration that its conduct had resulted in the actual tax exemption from personal income tax.