The Bureau of Internal Revenue (BIR) filed on Wednesday a P9.564-billion tax evasion suit against the the tobacco firm, Mighty Corporation.
Respondents in the case, which was filed with the Department of Justice (DOJ), are Mighty Corporation's assistant corporate secretary Alexander Wongchuking, executive vice president Edilberto Adan, vice president for external affairs Oscar Barrientos, and treasurer Ernesto Victa.
The Mighty executives are facing charges "for unlawful possession of Articles subject to excise tax without payment of the tax and for possessing fake tax stamps in violation of Section 263 and 255 of the National Internal Revenue Code of 1997."|
The filing of the charges came after the BIR's raid on Mighy's four warehouses in San Isidro, Pampanga, wherein fake tax stamps had been seized.
"The stamps are fake since they did not contain one of the multi-layered security features of a valid internal revenue stamp," the BIR said in a statement.
Senior Assistant State Prosecutor Susan Dacanay will handle the preliminary investigations.
In an earlier statement, Justice Secretary Vitaliano Aguirre II said Mighty had agreed to President Rodrigo Duterte's Offer for them to just pay P3 billion as settlement for its tax liabilities.
Duterte said the money will be used for the reconstruction of hospitals in Sulu, Tawi-tawi and Metro Manila.
Source: SunStar
Images: Inquirer | SunStar
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