Questionable tax payment of steel manufacturer

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A steel company based in Pampanga reportedly paid only a few hundred thousand pesos in taxes in 2012 based on its corporate tax return filed at the Bureau of Internal Revenue (BIR) district office in Pampanga.

In its 2012 return, the SKK Steel Corp., whose plant is in San Simon, Pampanga paid only P370,391.51 worth of taxes for the reported millions it earned on the same year.

The said company is owned by Sy Ka King, which also employs several dozen Chinese nationals, whose status in the country has yet to be verified by the Bureau of Immigration.

Asked to comment about the 2012 tax payment of SKK, an official of the Pampanga BIR office said the amount was too small considering that it is a corporation and supposedly making hundreds of millions in revenues annually.


The same official, who asked not to be identified, however explained that if SKK has tax credits or huge taxes withheld from its income, then its 2012 tax payment may be reasonable.

However, a check on the tax records of SKK at the Revenue District Office (RDO) 21-B in Pampanga, showed no tax credit incurred by the said firm, neither was a huge withholding tax reflected on the BIR records.

My source added that there is a discrepancy in the filing of the 2012 income tax of SKK and this could be a ground for an investigation by the BIR.

This writer called the main office of SKK in Manila on Friday to elicit official comment on the issue but was told by a certain Melanie that their legal and corporate communication officers have nothing to say at that time.

Paging Comm. Kim Henares!!!

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Strike two for Bicol constructor

Aside from being wanted by the Commission on Audit (COA) for failure to return several millions in government funds in 2012, a constructor from Bicol region is also facing trespassing and robbery charges in court for building a public road inside a private property without consent from its owner in Donsol, Sorsogon last year.

In her affidavit filed before the Office of the Ombudsman in Bicol, Evelyn Cordial Alim accused John Lao Clemente, owner of CTC Builders and Supplies, and four top officials of the Public Works in Region 5, of building a road in her piece of land in Bgy. Tupas, Donsol as a shortcut to the main highway without asking permission from her.

Alim said she was shocked upon seeing heavy equipment belonging to the CTC Builders cutting fruit-bearing trees and moving dirt inside her property one day.

She also said that when she confronted the CTC Builders personnel, she felt insulted because the group tried to pay her P100,000 so she would just keep her mouth shut.

This is not the first time CTC Builders and Supplies was involved in a mess. The COA is hot on their trail for failing to return some P20 million to the government since 2012.

The problem began when Negros Oriental Gov. Roel Degamo bidded out more than a hundred million worth of projects for the repair and rehabilitation of infrastructure in the province after it was hit by a strong typhoon in 2011 and an earthquake in 2012.

To cut the story short, Degamo received close to P500 million from the Department of Budget and Management (DBM) for the said repairs.

However, DBM issued a notice of disallowance to Degamo a few days later and demanded that the funds be returned immediately as they, the DBM, had made a mistake.

The DBM explained that repairs and rehabilitation of infrastructures damaged by any calamity more than P10 million worth should be done by the Department of Public Work and Highways (DPWH) and not by any local government unit.

Degamo reportedly did not comply with the DBM order, and allegedly went on to bid out the projects to several contractors, one of which is CTC Builders who was given a P20 million contract for the dredging and desilting of the river in Negros Oriental.

The COA, likewise, issued notices of disallowance immediately to the other contractors and also demanded that they return the funds to the National Treasury.

However, Clemente and the other contractors refused to adhere to the COA order to this day.

Clemente and his firm should no longer be allowed to get government projects. They simply do not know how to follow rules and obey orders from the authorities.

His license should be suspended indefinitely!!!

etulfo2011@yahoo.com

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