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NEWS UPDATES Asean Affairs     June 23, 2017  

4 companies charged for evading payment of P275M in taxes

Two construction companies, a restaurant chain, and a plastics maker and trader were separately charged on Thursday by the Bureau of Internal Revenue (BIR) before the Department of Justice (DOJ) for allegedly evading payment of taxes totaling P275.2 million.

The BIR identified the respondents in the complaints for violations of the Tax Code as Armel Plastic Co., Inc.; Marina De Manila, Co. (Marina Seafoods); Ski Construction Group, Inc.; and GMC Construction and Development Corporation, and their respective corporate officers.

According to the BIR, Armel Plastic failed to pay taxes worth P45.64-million for 2010, while Marina Seafoods had a tax liability of P16.42 million for 2012.

Makati City-based Armel Plastic is engaged in the business of buying and selling, fabricating and manufacturing, and importing and exporting of plastic products, materials, and supplies, while Marina Seafoods operates restaurants all over Metro Manila.

The BIR, meanwhile, accused Ski Construction of evading taxes worth P21.94 million for 2004, while the two cases against Cabuyao, Laguna-based GMC amount to P191.19 million, covering taxable years 2008 and 2009.

The BIR said the respondents were served notices of the tax liabilities but failed to either protest or to submit additional documents to refute the assessments, making them "final, executory, and demandable.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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