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February 11th, 2020 07:32 PM #3521Ang daming pa utot nitong abs cbn... [emoji1787]
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February 15th, 2020 08:57 AM #3524
Feb 9, 2020 * 23:55
Court rejects MVP plea, orders Smart to open books in P3.25B tax evasion case filed by Mayor Binay
Makati Mayor Abby Binay wants bilyonaryo Manny V. Pangilinan to pay
P3.25 billion in unpaid franchise taxes of Smart Communications Inc.
Binay recently scored a major victory after the Court of Tax Appeals
(CTA) denied the petition of Smart assailing the June and August 2019
resolutions of presiding Judge Augusto Jose Y. Arreza (Branch 133 of
the Regional Trial Court of Makati City) that compelled it to open
its books to the city’s tax men, including all revenues generated
nationwide.
In a 13-page decision, Associate Justice Jean Marie Bacorro-Villena
wrote: “After careful review of the petition and arguments presented
by both parties, this Court finds no grave abuse of discretion on the
part of the public respondent and/or the RTC. The Court does not
perceive any injury of such magnitude if the assailed resolutions are
allowed to stand.”
The decision was concurred by Associate Justices Juanito C. Castaneda
Jr. and Cielito Mindaro-Grulla.
PLDT-Smart’s legal team claimed this was “improper” and tantamount to
giving Makati a second audit (in relation to its franchise tax
payments for the years 2012 to 2015).
PLDT-Smart also challenged the need to provide Makati with data on its
nationwide revenues, revenues from other localities, and for the
taxable periods of 2012 and 2013 that were outside Makati City’s
territorial jurisdiction.
But Makati countered that Smart itself moved that its tax assessment
should be based on its nationwide revenues. Makati said Smart did not
give a breakdown of its gross sales and receipts of its branches and
it noted that documents were not confidential in nature.
The CTA disagreed with Smart: “The grant of the motion for production
of documents will not expose petitioner to a re-auditing (by
respondent Makati City).”
“The relevancy found by the lower court to warrant the production of
the subject documents are only for the purposes of discovery. The
actual relevancy of a piece of evidence or its relevancy for the
purpose of admissibility is, however, a wholly different matter.”
“Relevancy of the latter kind can only be determined after the court
has been given an opportunity to appreciate the evidence presented
before it. At this juncture, it is impossible either for this Court or
the lower court to determine the materiality of the subject documents
prior to their production,” it added.
Court rejects MVP plea, orders Smart to open books in P3.25B taxevasion case filed by Mayor Binay : Bilyonaryo
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February 19th, 2020 12:23 AM #3525We never learn. #changescamming
Philippine airport syndicate has sweet deal for Chinese nationals looking to work illegally | South China Morning Post
"A syndicate at Manila’s Ninoy Aquino International Airport is providing priority entry into the Philippines
for Chinese n ationals who bribe immigration officials with wads of cash
, a senator revealed on Monday.
The group operates with such impunity that it uses tabulated payrolls to track income and how much should go to individual immigration agents. The cash is openly distributed in neat envelopes arranged in boxes.
According to senator Risa Hontiveros, who presented CCTV footage and testimony from an unnamed whistle-blower, the syndicate charged 10,000 pesos (US$197) per client and might have raked in 1 billion pesos (US$19.8 million) in the past few years.
She called the officials involved “traitors to the country”."
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February 19th, 2020 09:09 AM #3526
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February 19th, 2020 09:11 AM #3527
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February 19th, 2020 09:17 AM #3528But Makati countered that Smart itself moved that its tax assessment
should be based on its nationwide revenues. Makati said Smart did not
give a breakdown of its gross sales and receipts of its branches and
it noted that documents were not confidential in nature.
Documents should be public.
Am not a tax expert here, but can Makati still extract taxes from Smart's revenue, (corresponding tax of which was paid to the BIR), other than the local taxes?
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February 20th, 2020 12:56 PM #3530
As expected, in response to Tesla’s entry into the Philippines market, Ford will be bringing in the...
Tesla Philippines