BIR files P162.7M tax evasion raps vs. Urdaneta trader
A TELECOMMUNICATIONS trader based in Urdaneta City has been charged by the Bureau of Internal Revenue (BIR) for tax evasion amounting to P162.7 million.
The BIR filed the charges last Thursday before the Department of Justice (DOJ) against Danilo Cortez Robles, owner of Robles Merchandising engaged in buying and selling handsets, simpacks, e-load and prepaid cards.
Robles allegedly failed to file Income Tax Returns (ITRs) for years 2007 and 2008, and also failed to register as Value Added Tax (VAT) taxpayer.
In a press conference, BIR Commissioner Kim Jacinto-Henares said Robles was charged for willful attempt to evade or defeat tax, deliberate failure to file income and VAT returns for taxable years 2007 and 2008, and failure to register as VAT taxpayer in violation of Sections 254, 255 and 275, in relation to Section 236 (G) (1) of the Tax Code.
BIR investigation showed that Robles substantially under-declared his income and purchases for the first quarter of 2007 and deliberately failed to report altogether the rest of his income for 2007 and his entire income for 2008.
Henares said that based on certifications issued by both Pilipino Telephone Corporation (PTC) and SMART Communications, Inc. (SMART), Robles made purchases from both entities amounting to P332,437,797.87 and P164,149,394.30 for taxable years 2007 and 2008, respectively.
BIR records showed that Robles has a “stop-filer” status as he only filed his first quarter ITR for 2007 where he declared a meager income of just P680,000 and failed to file his ITRs for the rest of 2007 and the entire 2008 despite the continuation of his business operations.
Further, Robles did not file his ending inventory lists for the same period.
With his failure to report his purchases from PTC and SMART and to file his ending inventory lists with the BIR, the subject purchases necessarily were all sold and disposed of resulting in undeclared sales of P357,229,527.05 and P176,390,924.46 for 2007 and 2008, respectively, resulting in a tax liability amounting to P162,710,723.34, including surcharges and interests.–LM
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