BIR sues construction, powergen firms, trader for tax evasion
MANILA, Philippines – The Bureau of Internal Revenue (BIR) filed complaints before the Department of Justice against a fruit and vegetable trader, a power generating company, and a construction firm for attempted tax evasion.
The tax bureau claimed that fruit and vegetable trader Alejandrina Yu under-declared her income for the years 2010 to 2012, resulting in a tax liability of P82.4 million, inclusive of surcharges and interest.
BIR investigations showed that Yu received income payments amounting to P174.32 million for taxable years 2009 to 2012 from his clients which mostly consisted of supermarkets like Grand Union Supermarket Inc, Hi-Top Supermarket Inc, Diamond Hotel Philippines, The Landmark Inc, and Unimart Inc, among others.
The BIR also charged construction firm Albeva Konstrukt and Development Corporation (AKDC), and generation company, Power Generation of the Philippines Inc (Powergen) for failure to pay taxes.
The tax bureau said AKDC failed to settle its tax obligations for 2007 which resulted in a tax deficiency of P5.16 million inclusive of surcharges and interest for 2007.
AKDC’s president, Alberto Macaraeg and treasurer Evalyn Macaraeg were also included in the complaint.
In a separate complaint, the tax bureau also charged Powergen, its president Eduardo Jose Alino and comptroller Lester Valdes for failing to pay taxes in 2006 which amounted to P30.83 million, inclusive of surcharges and interest.
The BIR said both firms failed to present their books of account and other related accounting records for examination despite notices sent by the Bureau.
The 3 cases filed against Yu, AKDC and Powergen were the 205th, 206th, and 207th filed by BIR under the Run After Tax Evaders program of the Aquino administration. – Rappler.com