Title
Commissioner of Internal Revenue vs. Bank of the Philippine Islands
Case
G.R. No. 134062
Decision Date
Apr 17, 2007
CIR vs. BPI: SC ruled 1988 tax notices valid; BPI's untimely protest rendered assessments final, making it liable for deficiency taxes.

Case Summary (G.R. No. 134062)

Petitioner and Respondent

Petitioner: Commissioner of Internal Revenue
Respondent: Bank of the Philippine Islands

Key Dates

• October 28, 1988 – Notices of deficiency assessments issued
• December 10, 1988 – BPI’s letter requesting basis of assessments
• May 8, 1991 – CIR’s final decision letter explaining assessments
• July 6, 1991 – BPI’s request for reconsideration of May 8 decision
• December 12, 1991 – CIR’s denial of reconsideration
• February 18, 1992 – Petition filed in the Court of Tax Appeals (CTA)
• November 16, 1995 – CTA decision dismissing for lack of jurisdiction
• May 29, 1998 – Court of Appeals (CA) decision reversing CTA
• April 17, 2007 – Supreme Court decision

Applicable Law

• 1986 National Internal Revenue Code (NIRC), former Section 270 (now Section 228) on protesting assessments
• Republic Act (RA) 1125, Sections 7 and 11 on CTA jurisdiction and appeals
• 1987 Philippine Constitution, due process clause (Art. III, Sec. 1)

Background of Assessments

On October 28, 1988, the CIR issued two deficiency notices totaling P129,488,656.63 for BPI’s 1986 percentage and documentary stamp taxes. The notices, based on BIR Form No. 17.08, contained computations, surcharges, interest, and penalties, but did not state legal or factual bases. BPI’s counsel immediately sought explanation rather than lodging a formal protest.

Initial Assessment and Protest

By letter dated December 10, 1988, BPI challenged the form of the assessments, requesting the basis for deficiency. The CIR responded on May 8, 1991, deeming BPI’s prior correspondence not a valid protest, but nonetheless explaining the grounds and stating that his letter was his final decision. BPI requested reconsideration on July 6, 1991, which the CIR denied on December 12, 1991.

Procedural History

BPI filed a petition for review in the CTA on February 18, 1992. The CTA dismissed for lack of jurisdiction, ruling the 1988 notices had become final and unappealable under former Section 270 and RA 1125. On appeal, the CA held the 1988 notices invalid for failure to state bases, treating the 1991 letter as the true assessments and remanding to the CTA. CIR elevated the case to the Supreme Court.

Issues Presented

  1. Whether the October 28, 1988 notices were valid assessments or became final and unappealable.
  2. Whether BPI is liable for the assessed deficiency percentage and documentary stamp taxes.

Validity of the October 28, 1988 Notices

Former Section 270 required the CIR to notify the taxpayer of his findings and demand payment; it did not mandate stating legal or factual bases. The statutory requirement to inform taxpayers of law and facts was only introduced in 1997 when Section 270 was renumbered to Section 228 by RA 8424. Accordingly, the 1988 notices satisfied the law and jurisprudence then in force.

Due Process and Jurisprudential Requirements

The CA’s invocation of due process to require “law and facts” in 1988 notices imposed obligations not present in the old Section 270. Judicial precedent held that valid assessments need only computation of liability, amount due, and demand for payment. No judicially imposed requirement existed in 1988 for detailed explanations.

Finality of Assessments and Presumptions

Under former Section 270, a taxpayer had 30 days from recei

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