The Bureau of Internal Revenue (BIR) will surely collect more taxes if it opted to go after loan “sharks” or financiers, or better known as “capitalistas” in casinos across the country.
Sources within the gaming industry say these so-called casino creditors have been around since the time casinos opened in the country.
Names like Dante Castillo, Flora Teh, Betty Cu, Kenneth Chia, Helen Dy, Gerry Gordielo, Romy Isidro, and one alias “Shobe” are just some of the big time gamblers that include politicians, government officials and businessmen who borrow quick capital to finance their habit.
Each financier can lend up to P100 million a week to borrowers who have been losing in the casino in exchange for their cars, real estate properties and personal belongings such as expensive watches and jewelry.
These loans sharks charge two percent a day in interest or 20 percent a month to borrowers.
Most of these tax cheats hang out at the Pavilion Hotel and Midas Hotel in Manila, Solaire Resort and Casino and Resorts World in Pasay City and the Airport Casino in Paranaque.
BIR Commissioner Kim Henares will definitely surpass her agency’s target once she runs after these tax cheats.
The same sources said that with the money Castillo, Teh, Cu, Chia, Dy, Gordielo, Isidro and “Shobe” are making a year, it will be enough to rebuild the typhoon devastated areas.
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Is Turkish ambassador above the law?
Turkish Ambassador Hatice Pinar Isik is surely enjoying her immunity from criminal and civil suits these days.
She refuses to follow an order of the Court of Appeals for her to vacate her rented residence at Forbes Park in Makati.
The problem started when the diplomat from Turkey rented the house from its former owner, Ricky Silverio Sr. However, in September 2010, the house was sold by Ricky Jr. to a certain Monica Ocampo.
But even before its sale, Silverio Jr. wrote Isik, asking her to leave the property because it will be sold.
The former owner then filed a case of eviction before the court. However, the ambassador continues to defy the court’s order to this day.
Perhaps, Ambassador Isik thinks she is God.
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DTI inutile in imposing price control
Nearly a month after Super Typhoon Yolanda leveled Leyte and several other provinces, the prices of commodities had skyrocketed despite a price freeze order by the President.
Surprisingly, Secretary Gregory Domingo of the Department of Trade and Industry (DTI) is aware of the super high prices of food and other commodities yet he has not lifted a finger to solve this problem.
Victims of Yolanda in Leyte and Samar complained of the exorbitant price increases of several products, including gasoline.
Yet their cry for help fell on deaf ears since Domingo has not taken any action at all.
The DTI’s excuse for not enforcing Malacanang’s price freeze order is that the agency lacks personnel because DTI employees were also victims of the typhoon.
But can’t Domingo use his personnel from other cities or regions not affected by the typhoon and bring them to the devastated areas to implement the price freeze order?
All it takes is a little of common sense. Don’t you have one, Mr. Secretary?