SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Jul 13, 2023

2. SEC Identification Number

166878

3. BIR Tax Identification No.

000-460-602-000

4. Exact name of issuer as specified in its charter

Grand Plaza Hotel Corporation

5. Province, country or other jurisdiction of incorporation

Pasay City, Metro Manila

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10th Floor, Heritage Hotel Manila, EDSA corner Roxas Boulevard Postal Code 1300

8. Issuer's telephone number, including area code

02-88548888

9. Former name or former address, if changed since last report

-

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Stocks	87,318,270

11. Indicate the item numbers reported herein

-

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Grand Plaza Hotel CorporationGPH

PSE Disclosure Form 4-26 - Legal Proceedings References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Notice of Resolution received in “Commissioner of Internal Revenue vs. Grand Plaza Hotel Corporation” (docketed as G.R. No. 255287 (Court of Tax Appeals (CTA) En Banc (EB) No. 2039))
Background/Description of the Disclosure
Please be informed that the Management of Grand Plaza Hotel Corporation ("Corporation") was advised by the Corporation's tax counsel on July 12, 2023 that the Supreme Court of the Philippines has denied the Commissioner of Internal Revenue's (“CIR”) Petition for Review in its Resolution dated 22 February 2023. The tax counsel informed the Management that through this Resolution, the Supreme Court effectively affirmed the Amended Decision of the CTA (and affirmed by the CTA En Banc) nullifying the tax deficiency assessment issued against Grand Plaza in the total amount of PhP508,101,387.12. The CIR may still file a Motion for Reconsideration.

Name of the court or agency in which the proceedings are pending	First Division of the Supreme Court of the Philippines
Date Instituted	Feb 20, 2015
Docket Number	Supreme Court G.R. No. 255287

Principal Parties
1) Commissioner of Internal Revenue, as petitioner 2) Grand Plaza Hotel Corporation, as respondent
Nature and description of the legal proceedings
G.R. No. 255287 is a Petition for Review dated 8 March 2021 filed by the CIR with the Supreme Court which sought to set aside the Court of Tax Appeals ("CTA") En Banc Decision dated 29 September 2020 and CTA En Banc Resolution dated 19 January 2021 ("Resolution") on CTA EB No. 2039 entitled "Commissioner of Internal Revenue v. Grand Plaza Hotel Corporation".
The effect(s) on the Issuer's business or operations, if any
-
Other Relevant Information
This is an update to the corporation's disclosure on January 26, 2021. Please see attached letter for more information on the disclosure.