MANILA, Philippines - The Bureau of Internal Revenue (BIR) charged a company engaged in the business of fabricating stainless steel food service equipment with tax evasion before the Department of Justice (DOJ) on Thursday.
Gomeco Metal Corp. of Valenzuela City, along with George L. Kaw, Evangeline L. Kaw and Jonathan T. Kaw, in their capacities as president, treasurer and general manager, respectively, were charged for total tax liability amounting to P32.37 million, inclusive of surcharges and interests, and value-added tax (VAT) for taxable year 2008.
BIR Commissioner Kim Henares bared that the case against Gomeco stemmed from a preliminary investigation conducted by the bureau. Records of the probe allegedly showed that Gomeco was issued a Letter of Notice for underdeclaration of its gross sales for the subject year. Investigators allegedly further discovered that Gomeco also filed to file its VAT returns and its required Summary List of Sales and Purchases.
For its part, Gomeco disputed the findings of the investigators and sent the BIR an ITR, VAT returns and audited financial statements for 2008 that it supposedly filed with the BIR. However, verification made by the BIR showed that the ITR was different from the ITR actually filed by Gomeco, Henares said.
Because of this, the BIR is convinced that there was deliberate intent on the part of the firm to evade payment of correct taxes.
Chowking franchisee charged with tax evasion
A second tax evasion case was filed against a Chinese restaurant for alleged failure to pay P29.38 million in income taxes.
The complaint named as respondents La Chilo Chinese Cuisine, Inc, a Chowking franchise holder, Generosa P. Ortega (president) and Lalaine O. Ortega (treasurer).
Henares said that the Mandaluyong City-based company was investigated pursuant to a Letter of Authority in Nov. 2008. Despite receiving a Preliminary Assessment Notice and formal Letters of Demand, La Chilo allegedly failed to make a timely protest, and also failed to settle its deficiency taxes in spite of a Preliminary Collection Letter and Warrants of Garnishments served on several banks.
The two cases are the 143rd and 144th filed by the BIR under it Run After Tax Evaders (RATE) program under the Aquino administration.