Actor Richard Gutierrez, production firm charged with tax evasion

The Bureau of Internal Revenue (BIR) has filed a criminal complaint with the Department of Justice against R. Gutz Production Corporation and its president Richard Gutierrez for two alleged counts of willfull attempt to evade or defeat the payment of income tax and value added tax for the taxable year 2012, and for alleged failure to file income tax return and first, second and fourth quarter VAT returns also for 2012.

The case against respondents stemmed from a matching process conducted by the BIR on the information provided by third party sources against the respondents’ declarations based on VAT returns for taxable year 2012 that revealed an under-declaration of sales amounting to P39.604 million.