Title
Pirovano vs. Commissioner of Internal Revenue
Case
G.R. No. L-19865
Decision Date
Jul 31, 1965
A company donated insurance proceeds to its late president’s children, triggering gift taxes. The Supreme Court ruled the transfer taxable, upholding surcharges and interest, regardless of whether it was a simple or remuneratory donation.

Case Digest (G.R. No. L-19865)
Expanded Legal Reasoning Model

Facts:

  • Original Insurance and Death of Enrico Pirovano
    • Early 1941: De la Rama Steamship Co. (the Company) insured its President and General Manager, Enrico Pirovano, for a total of ₱1,000,000, naming itself as beneficiary.
    • Japanese occupation (1942–1945): Premiums on Philippine policies lapsed; American policies remained in force. Enrico Pirovano died in late 1944.
  • Corporate Resolutions and Agreements Post-War
    • July 10, 1946: Board set aside ₱400,000 from expected insurance proceeds for equal division among Enrico’s four minor children, convertible into 4,000 shares of Company stock.
    • January 6, 1947: Board renounced all rights over ₱643,000 proceeds in favor of the children, treating the amount as an interest-bearing loan (5% per annum) repayable after settling bonded indebtedness (≈₱5,000,000). Memoranda of Agreement executed January 10 and June 17, 1947 with guardian Mrs. Estefania R. Pirovano.
  • Further Modifications and Final Ratification
    • June 24, 1947: Board modified resolution—heirs to receive principal after bonded debt redemption; interests payable when able.
    • February 26, 1948: Formal acceptance by guardian and acknowledgment by Board.
    • September 13, 1949: Stockholders ratified resolutions with clarifications on debt redemption, deduction of taxes and expenses.
    • March 8, 1951: Majority stockholder revoked the donation resolution; Company refused to pay ₱564,980.90 balance.
  • Judicial Actions on Donation and Tax Assessments
    • Litigation vs. De la Rama Steamship Co.: Supreme Court (96 Phil. 335) held donation valid and binding, awarding ₱583,813.59 plus interest and attorney’s fees; judgment satisfied by partial payment (April 6, 1955) and balance (May 12, 1955).
    • Tax assessments: March 6, 1955 – Commissioner assessed ₱60,869.67 donee’s gift tax per child (₱243,478.68 total); April 23, 1955 – donor’s gift tax ₱34,871.76 paid by Company.
    • Court of Tax Appeals (CTA) Cases Nos. 347 & 375 (consolidated): January 31, 1962 decision – refund donor’s tax, uphold donee’s tax, delete 25% surcharge, impose 5% surcharge and 1% monthly interest from March 8, 1955. Motion for reconsideration denied; appellants appealed to the Supreme Court.

Issues:

  • Nature and Taxability of the Transfer
    • Whether the Company’s renunciation of insurance proceeds in favor of Pirovano’s children constitutes a taxable gift under Section 108 of the National Internal Revenue Code or a remuneratory donation exempt from gift tax.
  • Applicability of Section III (Tax Code) on Consideration
    • Whether any part of the transferred value should be offset by the value of services rendered (adequate and full consideration) to reduce the taxable gift.
  • Validity of Surcharge, Interest, and Timing of Assessment
    • Whether the 5% surcharge and 1% per month interest under Sections 119(b)(1) and (c) are properly imposed.
    • Whether assessments made in March 1955 were premature given actual receipts in April and May 1955 and the due dates for filing and payment under Sections 115(c) and 116(a).

Ruling:

  • (Subscriber-Only)

Ratio:

  • (Subscriber-Only)

Doctrine:

  • (Subscriber-Only)

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