Mighty Corp faces P9.6-B tax evasion complaint | ABS-CBN

ADVERTISEMENT

dpo-dps-seal
Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!

Mighty Corp faces P9.6-B tax evasion complaint

Mighty Corp faces P9.6-B tax evasion complaint

Ina Reformina,

ABS-CBN News

 | 

Updated Mar 22, 2017 03:34 PM PHT

Clipboard

MANILA – The Bureau of Internal Revenue (BIR) on Wednesday filed a tax evasion complaint against cigarette-maker Mighty Corp before the Department of Justice (DOJ).

Mighty Corp allegedly avoided payment of nearly P9.6 billion in taxes by using fake tax stamps on its product, according to the complaint.

The BIR alleged that of the 33,140,500 cigarette packs that were inspected in Mighty’s warehouses in Pampanga, 87.5 percent bore fake tax stamps. The warehouses were also not registered with the BIR’s large taxpayer division.

The respondents in the complaint include Mighty owner Alexander Wongchuking and company officers Edilberto Adan, Oscar Barrientos and Ernesto Victa.

ADVERTISEMENT

Atty. Sigfrid Fortun, legal counsel of Mighty Corp said the company welcomes the filing of the complaint as it provides them an opportunity to clear their name and show that they violated no tax laws.

"We will continue to cooperate with government in its continuing effort at tax collection," Fortun said in a statement.

The complaint against Malolos, Bulacan-based Mighty is the 9th tax evasion case filed under President Rodrigo Duterte.

ADVERTISEMENT

ADVERTISEMENT

It looks like you’re using an ad blocker

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker on our website.

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker on our website.