Philippines Court of Tax Appeals Issues Decision Clarifying Input VAT Refunds on Zero-Rated Sales

The Philippine Court of Tax Appeals May 19 issued a decision in CTA Case No. 9446, clarifying input VAT refunds on zero-rated sales. The taxpayer, a renewable energy developer, sought a refund of unutilized input VAT on sales of wind-generated electricity. The Commissioner of Internal Revenue (CIR) denied the refund. The Court of Tax Appeals, Special Third Division, previously issued decisions unfavorable to the taxpayer. The Court of Tax Appeals, en banc, later set aside the decisions and remanded the case for determination of any refund owed to the taxpayer. Upon remand, the Court of Tax Appeals, Special Third Division, ...