Issues before the court:
- Whether the respondent was entitled to issue additional assessments against the appellant for income tax and VAT.
- Whether the appellant was required to pay taxes in foreign currency for income received in foreign currency.
- Whether the court a quo erred in dismissing the appellant’s application.
Court decision:
The court a quo found in favor of the respondent, holding that:
- The respondent was entitled to issue additional assessments against the appellant.
- The appellant was required to pay taxes in foreign currency for income received in foreign currency.
- The appellant’s application was dismissed.
The Supreme Court upheld the decision of the court a quo, affirming the respondent’s right to collect taxes in foreign currency and dismissing the appellant’s appeal.