Title
Marubeni Corp. vs. Commissioner of Internal Revenue
Case
G.R. No. 76573
Decision Date
Sep 14, 1989
Marubeni Corp. sought refund for overpaid taxes on dividends from AG&P; SC ruled dividends not subject to 15% branch profit tax, ordered refund of P144,452.40.

Case Digest (G.R. No. 206789)
Expanded Legal Reasoning Model

Facts:

  • Parties and Corporate Structure
    • Petitioner Marubeni Corporation: a foreign corporation organized under Japanese laws, licensed to do business in the Philippines through a branch office in Manila.
    • Atlantic Gulf and Pacific Co. of Manila (AG&P): a domestic corporation in which Marubeni holds equity shares and from which it received dividends.
  • Dividend Declarations and Withholdings
    • AG&P declared cash dividends of ₱849,720 for the first quarter (March 31, 1981) and the third quarter (September 30, 1981), withholding the 10% final dividend tax (₱84,972 each).
    • On the net dividend (₱764,748 each), AG&P withheld the 15% branch profit remittance tax (₱114,712.20 each), remitting net amounts of ₱650,035.80 per quarter to Marubeni’s head office in Tokyo.
  • Tax Payments and Documentation
    • AG&P paid both the 10% dividend tax and the 15% branch profit remittance tax for the first quarter on April 20, 1981 (Central Bank Receipt No. 6757880) and for the third quarter on August 4, 1981 (No. 7905930).
    • Total branch profit remittance tax paid amounted to ₱229,424.40 for both quarters.
  • Administrative Ruling and Refund Claim
    • On January 29, 1981, petitioner sought a BIR ruling on whether the dividends were “effectively connected” with its Philippine business; the BIR ruled they were not, and thus subject to branch profit tax if remitted.
    • Petitioner filed a claim on September 24, 1981 for refund or tax credit of ₱229,424.40, representing the branch profit remittance taxes allegedly erroneously paid.
  • Denial and Court Proceedings
    • The Commissioner of Internal Revenue denied the claim on June 14, 1982, asserting dividends paid to a non-resident are taxed at 25% under Article 10(2)(b) of the Philippines–Japan Tax Treaty.
    • The Court of Tax Appeals affirmed that denial on February 12, 1986, ruling the dividends were income of Marubeni Japan, a non-resident, and taxable at 25%.
    • Petitioner appealed to the Supreme Court, challenging (a) its tax classification, (b) the aggregation of taxes to reach 25%, (c) treaty interpretation, and (d) the timeliness of appeal under R.A. 1125.

Issues:

  • Whether the dividends are “effectively connected” with Marubeni’s Philippine business for branch profit tax under Section 24(b)(2) of the Tax Code.
  • Whether Marubeni Japan is a resident or non-resident foreign corporation under Philippine law for dividend taxation.
  • Whether the correct tax rate is 15% under Section 24(b)(1)(iii) or 25% under Article 10(2)(b) of the Philippines–Japan Tax Treaty.
  • Whether petitioner has overpaid taxes and is entitled to a refund, and the correct computation of any overpayment.
  • Whether the petition for review was timely filed under the appeal period prescribed by R.A. 1125.

Ruling:

  • (Subscriber-Only)

Ratio:

  • (Subscriber-Only)

Doctrine:

  • (Subscriber-Only)

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