BIR charges LC builder with tax evasion

By Leilanie G. Adriano

Staff Reporter

SHOWING that they are not only going after boxing icon Emmanuel “Manny” Pacquiao, the Bureau of Internal Revenue has filed tax evasion charges against a Laoag City-based construction firm on May 8.

The charges stemmed from the contractor’s failure to declare the correct taxable income from a real estate developer in 2009.

Revenue district officer Simplicio Cabantac confirmed this on May 9 saying the BIR central office filed a criminal complaint with the Department of Justice against Constantino Llanes Jr. for willful attempt to evade tax, for failure to file and pay Income Tax Return (ITR) and Value Added Tax (VAT) Returns in 2009—all in violation of Sections 254 and 255 of the National Internal Revenue Code of 1997, as amended (Tax Code)..

Llanes is the sole proprietor of LME builders with registered address at Barangay No. 47, Bengcag in Laoag City.

According to Cabantac, the investigation of Llanes was initiated through a letter of notice issued for taxable year 2009.

The LN indicated discrepancies discovered as a result of the computerized matching conducted by the BIR.

Due to Llanes’ failure to refute discrepancies, an access letter was sent to the real estate developer requesting for a certification of the income payments it made to Llanes which revealed he was paid P9.90 million from August to December in 2009.

Also, the BIR Revenue District Office No. 01 in Laoag City showed that despite earning a substantial amount, Llanes failed to file his ITR in 2009 as well as his VAT Returns for the second, third and fourth quarters of the same year. During the first quarter of the same year, the BIR found that Llanes only declared P339,852.23 as his gross revenue.

In view of this, Llanes was assessed an aggregate deficiency tax liability of P9.95 million inclusive of surcharges and interests, broken down as follows: P7.21 million for income tax and P2.74 million for VAT.

According to Cabantac, Llanes is the first to be charged with tax evasion in Laoag City and the 243^rd under the Run Against Tax Evaders (RATE) program of the BIR under the leadership of Commissioner Kim Henares.

When asked for comment, Imee Llanes, husband of the respondent said JME builders have yet to make an official statement as to the tax evasion charges.

Comments

Empanada festival: A celebration of good taste and good life

By Dominic B. dela Cruz & Leilanie G. Adriano Staff reporters BATAC CITY—If there is one thing Batac is truly proud of, it would be its famous empanada-making business that has nurtured its people over the years. Embracing a century-old culture and culinary tradition, Batac’s empanada claims to be the best and tastiest in the country with its distinctive Ilokano taste courtesy of its local ingredients: fresh grated papaya, mongo, chopped longganisa, and egg. The crispy orange wrapper and is made of rice flour that is deep-fried. The celebration of this city’s famous traditional fast food attracting locals and tourists elsewhere comes with the City Charter Day of Batac every 23 rd of June. Every year, the City Government of Batac led by Mayor Jeffrey Jubal Nalupta commemorate the city’s charter day celebration to further promote its famous One-Town, One Product, the Batac empanada. Empanada City The Batac empanada festival has already become...

Free dormitories eyed for Nueva Era students in LC, Batac

Nueva Era mayor Aldrin Garvida By Dominic B. dela Cruz ( Staff Reporter) Nueva Era , Ilocos Norte—The municipal government here, headed by Nueva Era mayor Aldrin Garvida is planning to establish dormitories in the cities of Laoag and Batac that will exclusively cater to college students from the said cities. “Sapay la kuma ta maituloyen iti mabiit tay ar-arapaapen tayo ken iti munisipyo a maipatakderan kuma dagiti annak tayo a college students nga agbasbasa idiay siyudad iti Batac ken Laoag iti libre a dormitoryo a bukod da ngem inggana nga awan pay ket an-anusan mi paylaeng nga ibaklay kenni apo bise mayor iti pagbayad da iti kasera aggapu iti bukod mi a suweldo malaksid dagitay it-ited iti munisipyo ken iti barangay nga stipend da kada semester, ” Garvida said. Garvida added that the proposed establishment of dormitories would be a big help to the students’ parents as this would shoulder the expenses of their children for rent and likewise they would feel...

P29 per kilo rice sold to vulnerable groups in Ilocos region

BBM RICE. Residents buy rice for only PHP29 per kilo at the NIA compound in San Nicolas town, Ilocos Norte province on Sept. 13, 2024. The activity was under a nationwide pilot program of the government to sell quality and affordable rice initially to the vulnerable sectors. (Lei Adriano) San Nicolas , Ilocos Norte —Senior citizens, persons with disability, and solo parents availed of cheap rice sold at PHP29 per kilogram during the grand launching of the Bagong Bayaning Magsasaka (BBM) Rice held at the National Irrigation Administration compound in San Nicolas, Ilocos Norte province on Sept. 13, 2024. “ Maraming salamat Pangulong Ferdinand R. Marcos Jr. sa inyong pagmamahal sa Region 1 lalong-lalo na sa bayan namin sa San Nicolas,” said Violeta Pasion, a resident Brgy. 18 Bingao in this town. The low-priced grains were sourced from the National Irrigation Administration’s (NIA) contract farming with irrigators' association members in the province. Along with Pasion, Epi...

The Ilocos Times

Search This Blog