Summary of the Court of Tax Appeals Case: Toyota Financial Services Philippines Corporation vs. City of Davao
Facts:Toyota Financial Services Philippines Corporation (Petitioner) was assessed deficiency taxes and fees by the City Treasurer of Davao (Respondent) for the years 2009 to 2018.The Petitioner argued that it was not doing business in Davao, only operating a “lending desk” and soliciting clients at a Toyota dealership.The Petitioner claimed that transactions were recorded and processed …
