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Air India Tax Liability Case Review by Timothy Joel Cabrera is a document available to read on EtoBox.

What is Air India Tax Liability Case Review about?

1) The Commissioner of Internal Revenue assessed Air India P142,471.68 in income tax for its 1976 fiscal year based on P2,968,156 in gross Philippine billings from ticket sales through its agent Philippine Air Lines. 2) The Court of Tax Appeals ruled in favor of Air India, finding that the income was derived from services performed outside the Philippines and thus not taxable under Philippine law. It also found no willful neglect to file returns to justify imposing surcharges. 3) The Supreme Court grante

Author

Timothy Joel Cabrera

Language

EN