MANILA, Philippines - Two new complaints for tax evasion were filed by the Bureau of Internal Revenue (BIR) with the Department of Justice (DOJ) on Thursday.
Engr. Ruben Uy Yu, sole proprietor of RYU Construction, was charged for a total income tax liability amounting to P39.43 million for allegedly deliberately failing to declare his true and correct income for 2007 and 2008.
Comelec Commissioner Kim Henares bared that Third Party Information (TPI) provided by Yu's clients and government agencies revealed that RYU Construction had several construction contracts/projects completed in the said years.
Based on these information, the BIR found that Yu underdeclared his gross receipts in 2007 by 157.05% or by P8.76 million, and by 816.72% or by P46.33 million in 2008.
A second complaint was filed against Elvinario A. Valenzuela, who allegedly incurred a total tax liability amounting to P5.77 million for taxable years 2009 and 2010. He allegedly failed to file his income tax returns (ITR) for the subject years despite receiving income. He also reportedly purchased expensive cars, a condominium unit, and invested in stocks and a restaurant in the said years.
Respondents have yet to receive official copies of the complaints.
The two cases are the 132nd and 133rd by the BIR under its Run After Tax Evaders (RATE) program under the Aquino administration.