The Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against PKC INTERNATIONAL TRADING CORPORATION (PKC), its President JEREMY Z. KALAW, its Chief Operating Officer CHRISTIAN P. PINEDA, and Chief Financial Officer JOSEPH Z. KALAW for one (1) count of willful attempt to evade or defeat payment of Income Tax for taxable year (TY) 2011, three (3) counts of willful attempt to evade or defeat payment of Value Added Tax (VAT) for the first three quarters of TY 2011, one (1) count of willful failure to supply correct and accurate information in the Annual Income Tax Return (ITR) for TY 2011, and three (3) counts of willful failure to supply correct and accurate information in the VAT Returns for the first three quarters of TY 2011, all in violation of Section 254 and Section 255 of the National Internal Revenue Code of 1997, as amended (Tax Code).
Read MoreThe Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice against PHILPACKAGING CORPORATION (PHILPACKAGING), its President CAMINO D. BENEDICTO, and its Treasurer JUANITO L. BENEDICTO for one (1) count of willful attempt to evade or defeat payment of Income Tax for taxable year (TY) 2010, one (1) count of willful attempt to evade or defeat payment of Value Added Tax (VAT) for TY 2010, one (1) count of willful failure to supply correct and accurate information in the Annual Income Tax Return (ITR) for TY 2010, and four (4) counts of willful failure to supply correct and accurate information in the VAT Returns for the four quarters of TY 2010, all in violation of Section 254 and Section 255 of the National Internal Revenue Code of 1997, as amended (Tax Code).
Read MoreJanuary to August Fiscal Deficit at P 71.208 Billion. 18 September 2012, Manila, Philippines: The January to August fiscal deficit of the National Government reached 71.208 billion. The National Government recorded a surplus in August amounting to P2.523 billion.
Read MoreBIR up double-digits for sixth time in 2012
Read MoreTo demonstrate the rigid processing of all meat products importations the Bureau of Customs (BOC) has adapted to ensure that only properly documented imported meat are able to get through Customs gates, BOC Commissioner Ruffy Biazon today led the countrys local hog and poultry raisers to a walk-through on imported meat release facilitation procedures at the BOC.
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