MANILA, Philippines - A Novaliches-based businessman is in hot water for tax evasion.
The Bureau of Internal Revenue on Thursday filed a criminal complaint with the Department of Justice against businessman Lamberto Obogne for tax evasion from 2009 to 2012.
Obogne is the owner of Bentoy Electrical Rewinding Shop and Bertmond Enterprises, with registered address at No. 1151 Quirino Hi-way, Kaligayahan, Novaliches, Caloocan City.
A BIR investigation found that Obogne did not declare the proper sales in his tax returns from 2009 to 2012. The BIR sent letters to various companies that engaged his services, which revealed that Obogne earned P40.47 million from 2009 to 2012. However, in his tax return, he only declared P9.96 million in sales.
Under Section 248(B) of the Tax Code, an underdeclaration of taxable sales, receipts or income by more than 30% of that declared per return constitutes a prima facie case of fraud tantamount to tax evasion.
The BIR said Obogne failed to pay the correct amount of taxes amounting to P18.4 million, inclusive of surcharges and interests.
This is the 188th case filed under the BIR's Run After Tax Evaders program.
source: www.abs-cbnnews.com
