Monday, August 8, 2022
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home News Main Stories

SC stops BIR bid to tax Pagcor

Rey E. RequejobyRey E. Requejo
February 20, 2015, 12:01 am
in Main Stories
Reading Time: 2 mins read
A A
72
SHARES
Share on FacebookShare on TwitterShare on Email

The Bureau of Internal Revenue  has been stopped from enforcing its regulation subjecting the revenues of state-owned Philippine Amusement and Gaming Corporation to corporate tax.

The Supreme Court voided the BIR’s Revenue Memorandum Circular 33-2013 that could have taxed the revenues Pagcor gained from its operations and licensing of gambling casinos, gaming clubs and other similar recreation or amusement places, gaming pools and other related operations.

“It would be the height of injustice to impose franchise tax upon petitioner [PAGCOR] for its income from other related services without basis,” the SC ruled  in a decision penned by Associate Justice Diosdado Peralta.

The tribunal made the ruling even as it clarified its 2011 decision that upheld the constitutionality of Republic Act 9337, which amended Section 27(c) of the National Internal Revenue Code and excluded PAGCOR from entities exempted from paying corporate income tax.

The SC pointed out that RA 9337 did not amend the PAGCOR charter, which subjects only its income from gaming operations to the five-percent franchise tax while its income from operation of other related services to income tax only.

ADVERTISEMENT

According to the Court, Congress would have stated  if it really intended to remove PAGCOR’s tax benefits under its charter.

“If no provision or amendment is stated in the franchise to effect the provisions of the general law (in this case RA 9337), it cannot be said that the same is the intent of the lawmakers, for repeal of laws by implication is not favored,” the high court stressed.

“In this regard, we agree with petitioner that if the lawmakers had intended to withdraw petitioner’s (PAGCOR) tax exemption of its gaming income, then [its charter] should have been amended expressly,” it added.

The SC said the BIR committed grave abuse of discretion when it issued RMC 33-2013 subjecting PAGCOR’s income from gaming operations and other related services to corporate income tax and five percent franchise tax.

“Such act constitutes an overreach on the part of the respondent [BIR] which should be immediately struck down, lest grave injustice results,” the SC ruled.

The BIR issued the assailed RMC 33-2013, believing it was consistent with the 2011 ruling of the SC.

In that ruling, the high court held that RA 9337 did not violate the equal protection clause because the legislative records showed that the exemption of PAGCOR from paying corporate income tax was due to its request, which was granted by the Congress’ Committee on Ways and Means.

ADVERTISEMENT
Rey E. Requejo

Rey E. Requejo

Related Posts

Church declared National treasure

December 2, 2017, 12:01 am
0
131

THE National Historical Commission of the Philippines designated the Saint Joseph Parish Church in Las Piñas – the home of...

Read more

Court issues arrest warrant for De Lima

byArlene Lim
February 23, 2017, 4:20 pm
0
130

Muntinlupa Regional Trial Court (RTC) has issued a warrant of arrest for Senator Leila de Lima on Thursday afternoon. This...

Read more

130 killed in three days of Syria clashes

byAFP
February 23, 2017, 2:42 pm
0
131

More than 130 people, mostly combatants, have been killed in three days fighting between jihadists close to the Islamic State...

Read more

US Supreme Court blocks death sentence over racial bias

byAFP
February 23, 2017, 2:38 pm
0
131

The US Supreme Court on Wednesday offered at least a temporary reprieve to a Texas death row inmate, agreeing that...

Read more

Ex-yoga missionary unleashes rage on PH miners

byAFP
February 23, 2017, 2:30 pm
0
130

After two decades as a yoga missionary, Philippine Environment Secretary Regina Lopez is unleashing her inner rage on the mining...

Read more

First drug-resistant malaria parasite detected in Africa

byAFP
February 23, 2017, 2:28 pm
0
129

For the first time in Africa, researchers said Wednesday they have detected a malaria parasite that is partially resistant to...

Read more

Stories you may like

  • Zubiri new Senate President, vows to uphold chamber’s independence

    Marcos sees stronger PH-India relations

    5679 shares
    Share 2272 Tweet 1420
  • Showbiz icon Cherie Gil dies at 59

    2592 shares
    Share 1037 Tweet 648
  • Getting into character: How the cast of ‘Maid in Malacañang’ prepared for their roles

    2672 shares
    Share 1069 Tweet 668
  • Replevin and its common law origins

    1247 shares
    Share 499 Tweet 312
  • Fuel rollback next week, power rate cut in August

    1131 shares
    Share 452 Tweet 283

Print Edition

View More

Recent Posts

  • Solon seeks to establish dialysis units in hospitals
  • DAR Bicol supports payment moratorium
  • Cops nab crime group involved in robberies
  • Flood monitoring
  • SMB grabs 2-1 lead
  • Obiena’s bid to ascend world rankings continues in Hungary
  • Brigada Eskwela in Parañaque
  • Kingwhale 6 eases out Army in big PVL debut

Advertisement

Latest News

Obiena’s bid to ascend world rankings continues in Hungary

byPeter Atencio
August 8, 2022, 9:50 pm
0
133
How ONE is making submission grappling next big thing

Going up in the world rankings and being at no. 3 have finally sunk in for Filipino pole vault star...

Read more

Brigada Eskwela in Parañaque

byNorman Cruz
August 8, 2022, 9:48 pm
0
129
Brigada Eskwela in Parañaque

Members of the Philippine Coast Guard (PCG) and Philippine Coast Guard Auxiliary (PCGA), conduct cleaning and beautification of the Baclaran...

Read more

Kingwhale 6 eases out Army in big PVL debut

byManila Standard Sports
August 8, 2022, 9:40 pm
0
133
How ONE is making submission grappling next big thing

Kingwhale-Taipei, a blend of young and veteran players, subdued Army Black Mamba with its power game behind Brazilian import Bea...

Read more

PH standouts join Basketball Without Borders

byManila Standard Sports
August 8, 2022, 9:35 pm
0
132
How ONE is making submission grappling next big thing

Basketball without Borders, the NBA and FIBA’s global basketball development and community outreach program, returned to Australia for the first...

Read more

Kyrgios whips Nishioka for 1st ATP title in 3 years

byAFP
August 8, 2022, 9:30 pm
0
132
How ONE is making submission grappling next big thing

Washington—Wimbledon runner-up Nick Kyrgios won his seventh ATP title and first in three years by defeating Japan’s Yoshihito Nishioka in...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App