• BIR files P206.05M tax evasion raps vs. trader, snack firm, import/export firm

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    The Bureau of Internal Revenue (BIR) on Thursday filed before the Department of Justice (DOJ) a total of P206.05 million tax evasion cases against five delinquent taxpayers from Quezon City.

    Charged was Abubakar Ysmael Aziz, sole proprietor of Yzmabaz Importer and General Merchandise.

    Also charged were Reel Snacks, Inc. (Reel Snacks) and its chief executive officer and chief financial officer Steve Lawrence S. Uy.

    Likewise charged were Grand East Empire Corporation (Grand East), its president/general manager Johnny D. Ong and treasurer Solania G. Ong.

    In a press conference, BIR Commissioner Kim S. Jacinto-Henares said the respondents were charged for willful failure to pay taxes under the National Internal Revenue Code of 1997.

    Henares said that Aziz was charged with violating Section 255 of the Tax Code and was sued for deficiency tax liabilities in the aggregate amount of P83.59 million, inclusive of increments for taxable year 2007 such as P46.86 million in Income Tax (IT) and P36.73 million in Value Added Tax (VAT).

    On the other hand, Reel Snacks was assessed deficiency tax liabilities for taxable year 2007 in the sum of P10.72 million, inclusive of increments, such as P7.92 in IT, P2.62 million in VAT and P180,000 in Expanded Withholding Tax (EWT).

    Grand East was assessed deficiency tax liabilities for taxable year 2006 in the sum of P111.74 million, inclusive of increments, such as P67.56 million in IT, P41.17 million in VAT, P2.87 million in EWT and P140,000 in Improperly Accumulated Earnings Tax (IAET). PNA

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