• Bad bus firms also bad taxpayers


    Metro Manila’s most dangerous bus operators were also the worst violators when it came to paying the right taxes in 2012, according to the latest Tax Watch advertisement of the Department of Finance and the Bureau of Internal Revenue.

    The two agencies said the tax ad was based on the list of the most dangerous bus companies in Metro Manila from 2010-2011 as compiled by the Land Transportation Franchising and Regulatory Board.

    Admiral Transport, Nova Auto Transport, JAM Liner, Gasat Express, Joyselle Express, Philippine Corinthian Liner, Rainbow Express Inc., A. Caranting Transit, Alps The Bus Inc. and EM Transit Service topped the list of bus operators in terms of the number of deaths caused.

    The ad noted that Gasat Express, Joyselle Express, and A. Carating Express did not file an income tax return in 2012, while EM Transit Service and AM Liner did not have tax identification numbers.

    Of the bus companies listed in the ad, Nova Auto transport had the lowest declared income tax due as a percentage of gross receipts for 2012, at 0.21 percent.

    The ad also showed the tax information of bus operators that were involved in recent accidents.

    It showed that G.V. Florida—owner of the transport bus that fell down a ravine in Bontoc earlier this month—earned gross receipts of P81 million in 2012 but only declared a taxable income of P1.92 million.

    Don Mariano Transit, which owns the bus that fell from the Skyway in December last year, had declared a taxable income of only P201,724 against P40 million in gross receipts.


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