What happens if stockholders of a corporation do not pay BIR taxes as subscribed in their yearly GIS submitted to SEC as in no eCAR?
In Philippines
Last Updated:
Sep 9, 2025
SC issued finality of our case regarding the reinstatement of my grandmother's shares of stock, but the adverse party did not pay BIR taxes, and upon certification by the BIR, no eCAR was paid. Only the GIS and SEC certification, and an unnotarized board resolution were submitted to the court based on the sheriff's report.
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