BIR files P101.7-million tax evasion case v. Napoles kids

The Bureau of Internal Revenue (BIR) on Thursday filed before the Department of Justice (DOJ) a P101.7-million tax evasion case against the children of alleged pork barrel scam brains Janet Lim-Napoles.

Facing a complaint for violation of Sections 254 and 255 under the National Internal Revenue Code (NIRC) are officials of JCLN Global Properties Development Corporation (JCLN Corp.) together with its President James Christopher L. Napoles and treasurer Jo Christine L. Napoles.

Sections 254 and 255 are about willful attempt to evade or defeat tax and deliberate failure to supply correct and accurate information in its Income Tax Return (ITR). The siblings, based on the complaint, violated the NIRC for taxable years 2008 to to 2011.

The BIR conducted an investigation following media reports on the National Bureau of Investigation (NBI) probe on the over P10-billion pork barrel scam.

The BIR inquiry showed that JCLN Corp. was able to acquire various properties in Pasig City, Quezon City, Manila, Taguig, Bulacan and Kidapawan, Cotabato worth P16.5-million in 2008, P36.07-million in 2009, P44.19-million in 2010 and P43.21 million in 2011.

The acquisition included condominium units in G5 and G6 Residences Discovery Center, The Beaufort and Eastwood Lafayette One Libis. However, it failed to report the acquisitions in its Comparative Audited Financial Statements.

The BIR complaint said such failure is “a concealment of assets for taxable years 2008 to 2011 which is evidently a scheme to conceal undeclared revenues.”

The Napoles’ siblings’ total tax liability is P101.717-million including surcharges and interests.

RELATED STORIES

Court told no proof Enrile got kickbacks

Justices fine unprepared Napoles prosecutors

Napoles real estate estimated at P5B

Read more...