BIR FILED 7 TAX EVASION CASES INCLUDING PUNONGBAYAN & ARAULLO's CPA-AUDITOR

BIR FILED 7 TAX EVASION CASES INCLUDING 
PUNONGBAYAN & ARAULLO's CPA-AUDITOR

Commissioner Kim S. Jacinto-Henares, together with DCIR
Estela V. Sales and DOJ Undersecretary Francisco F. Baraan
III, briefs members of tri-media on the seven (7) cases filed
by the BIR during the regular RATE Press Briefing con-
ducted last July 17 at the DOJ Forum Building Executive
Lounge. Four (4) taxpayers were charged with tax evasion
for questionable related-transactions during taxable year
2010. CANDENSE UNLIMITED, INC., together with its
President LEONARDO D. DE PAZ, and GLOBAL HILLS
PHILIPPINES, including its President RENE B. BELARMINO
and Treasurer AMADO B. ULBANO, were slapped with a P 199.52 Million and P 82.96 Million tax evasion case, respectively, after investigators discovered that they failed to declare with the BIR income payments received in 2010 from TRIDHARMA MARKETING CORPORATION (TMC), as evidenced by checks issued by TMC amounting to P 309.33 Million (net of P 37.12 Million VAT) and P 128.62 Million (net of P 15.43 Million VAT), respectively. CARLOS ADRAQUE CHING, sole proprietor of ETHERIA TRADING, was sued for tax evasion with an aggregate tax liability covering taxable years 2009 and 2010 amounting to P 5.28 Billion. He received income payments from TMC amounting to P 1.8 Billion in 2009 and P 4.94 Billion in 2010. CHING, however, substantially under-declared his correct taxable sales by P 1.8 Billion (100%) in 2009 and by P 4.94 Billion (100%) in 2010 for Income Tax. He likewise grossly under-declared his sales by P 1.8 Billion (100%) in 2009 and by P 1.45 Billion (59%) in 2010 for VAT. TMC, its President RENE D. DELA CALZADA, Treasurer MICHAEL U. LU, General Manager RAMONA MARIE C. TAN and CPA MAILENE SIGUE-BISNAR were found to have violated the Tax Code. TMC and its responsible corporate officers were charged with a P 4.47 Billion tax evasion case after an analysis of the documents gathered by investigators, which included the Summary List of Purchases filed by TMC for 2010 with the BIR showing purchases it made from ETHERIA TRADING amounting to P 4.94 Billion, invoices from its big ticket supplier, ETHERIA TRADING and Import Entry documents, revealed that TMC managed to defeat payment of its correct taxes by under-declaring its income (Per Audit - P 7.097 Billion : Per TMC Report - P 6.966 Billion) and by overstating its expenses (Per Audit - P 1.801 Billion : Per TMC Report - P 6.755 Billion) in 2010. BISNAR, on the other hand, was included in the charge sheet for signing and certifying the 2010 audited financial statements of respondent TMC despite the essential misstatement of facts therein as well as the clear omission therein with respect to TMC’s actual taxable income. Three (3) more delinquent individual and corporate taxpayers from Revenue Region (RR) No. 7-Quezon City and RR No. 8- Makati City were charged with “Willful Failure to Pay Taxes.” Quezon City taxpayers RICARDO LLORENTE VISBE of BAY SPECIALIST TRADING and SEA TRADERS LOGISTICS & WARE- HOUSING CENTER CORP. and its responsible corporate officers - President ALEX CHUA and Treasurer CLARA FE DELOS REYES - were found liable for long overdue deficiency taxes amounting to P 94.12 Million (2004) and P 70.08 Million (2006), respectively, while Makati City taxpayer PALADIN PROTECTIVE & SECURITY SERVICES, INC., including its President DOMINADOR LIM and Managing Director ANTONIO Z. HENSON JR., owed the government deficiency taxes for the fiscal year ended June 30, 2010 amounting to P 48.26 Million. (BIR Weekender Briefs)

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