CIR v Philippine Daily Inquirer, Inc.; G.R. No. 213943; 22 Mar 2017
FACTS: BIR in a letter dated 30 June 2006 and received by respondent on 10 August 2006 invited the latter to reconcile the deficiencies in its VAT returns for taxable year 2004. In connection thereto, respondent executed three waivers of the statute of limitation, consenting to the assessment and/or collection of taxes for 2004 which may be found before or after the lapse of the period of limitations fixed by the NIRC. The first waiver was executed on 21 March 2007 and received on 23 March 2007. The second was executed on 05 June 2007 and accepted on 08 June…