BIR sues 2 traders for tax evasion
More News from Tetch Torres-Tupas
The BIR identified the traders as Catherine Zafra, owner of Wellhand Trade Center, and Joselito Nicolas of Gooodlucky Well Trading and Towing Services.
They were sued for violating the National Internal Revenue Code.
Investigation showed that Zafra failed to file income tax returns for taxable years 1999 to 2012. She was also assessed with a total tax liability of P8.98 million for taxable year 2005 inclusive of surcharge and interest.
On the other hand, Nicolas, whose clients include the Metro Manila Development Authority (MMDA) and San Miguel Foods Inc., was assessed with a total tax liability of P41.7 million for deficiency taxes covering taxable years 20009, 2011 and 2012.
Get Inquirer updates while on the go, add us on these apps:
Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94