Palace: Gov’t to remain relentless in campaign vs tax evaders | Inquirer News

Palace: Gov’t to remain relentless in campaign vs tax evaders

By: - Reporter / @JhoannaBINQ
/ 12:44 PM October 07, 2017

BIR head office

The head office of the Bureau of Internal Revenue in Quezon City. File photo from AFP

President Rodrigo Duterte will continue to wage his relentless campaign against corruption and delinquent taxpayers, Malacañang said Saturday following the government’s P40-billion tax settlement with tobacco giant Mighty Corporation.

“The President will be relentless in his campaign against corruption and delinquent taxpayers, hauling violators to court, if necessary. As citizens cooperate, we build a comfortable life for all. Strong political will to benefit all, and not just a few, should be the trademark of the entire government,” Palace Spokesperson Ernesto Abella said in a statement.

ADVERTISEMENT

Justice Secretary Vitaliano Aguirre II announced on Friday that the government had entered into a P40-billion compromise deal with Mighty Corporation, which was accused of evading taxes worth P37.9 billion by using fake tax stamps.

FEATURED STORIES

READ: Tax raps vs Mighty dismissed after BIR agreed to a settlement

The Department of Justice, in a joint resolution dated October 2, approved the Bureau of Internal Revenue’s plea to junk the three tax evasion complaints.

“This landmark tax settlement is the largest in Philippine history; and will go a long way in funding the Duterte administration’s infrastructure program,” Abella said, noting that “unpaid taxes result in less government revenues and stall the delivery of quality government services.” /jpv

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Mighty Corp., Palace, Rodrigo Duterte, Tax, Tobacco

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.