Gold trader at 3 negosyante, kinasuhan ng tax evasion ng BIR

admin   •   November 7, 2014   •   2942

GRAPHICS: Ang halaga ng kabuuang gintong naibenta ng kinasuhang gold trader at ang idineklara lamang nitong kita. (UNTV News)

MANILA, Philippines – Nahaharap sa kasong tax evasion ang isang gold trader dahil sa umano’y sadyang pagiwas na magbayad ng kabuoang P69-million na buwis sa pamahalaan.

Kinilala ng BIR ang inirereklamong gold trader na si Rizaldy Goloran Chua ng Rosario, Agusan Del Sur.

Ayon sa BIR, hindi idineklara ni Chua ang kanyang totoong kinita mula sa pagbebenta ng ginto sa Bangko Sentral ng Pilipinas (BSP) noong 2009 at 2010.

Base sa imbestigasyon ng BIR, nakapagbenta ang gold trader ng mahigit P96-million na halaga ng ginto sa BSP ngunit wala pa sa kalahating milyon ang idineklara nitong income.

“A comparison of the gross sales he declared in his ITR in the amount of P190,532.00 in 2009 and P204,061.75 in 2010 with the income payments he received from BSP of P87.91 million in 2009 and P8.12 million in 2010 revealed that he grossly under-declared his sales by 46,039% or P87.72 million in 2009 and 3,879% or P7.92 million in 2010,” pahayag ni BIR Deputy Commissioner Atty. Estela V. Sales.

“Under Sec. 248(B) of the Tax Code, an under-declaration of taxable income by more than 30% constitutes a prima facie case of fraud tantamount to tax evasion,” dagdag nito.

Tatlong negosyante pa ang kasabay na sinampahan ng reklamo ng BIR dahil sa hindi rin pagbabayad ng buwis sa pamahalaan.

Samantala, mahigit tatlong daang mga reklamo na ang naisampa ng BIR sa DOJ sa ilalim ng Run After Tax Evaders Program ng administrasyong Aquino.

Mahigit P64-billion na buwis ang hinahabol ng pamahalaan na makolekta mula sa mga naturang kaso, ngunit hanggang sa ngayon ay nakabinbin pa rin ang makaling bulto nito sa Department of Justice. (Roderic Mendoza / Ruth Navales, UNTV News)

BSP eases ID requirements for select bank transactions amid ECQ

Robie de Guzman   •   April 1, 2020


MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Wednesday said it has relaxed the requirement for the presentation of a valid identification document (ID) for customer boarding and select transactions during the enhanced community quarantine period in Luzon.

In a statement, the BSP said this is to facilitate the delivery of welfare funds to identified beneficiaries who have no available valid IDs or transactional account with any financial institutions.

“The Bangko Sentral relaxed the Know Your Customer (KYC) requirements since the accounts involved are considered as low risk,” it said.

The policy is effective until June 30, 2020, the central bank said.

Under the relaxed KYC requirements, the BSP said it has introduced the following control measures to guard against money laundering and terrorism financing risks:

  • the transactions in the account shall not exceed P50,000.00 per day;
  • qualified customers are those who reside or conduct business in the area which has been declared to be under ECQ/CQ;
  • customers are required to certify that he/she has no valid ID; and
  • the customer’s account activities shall be subject to ongoing monitoring.

“Financial institutions are expected to obtain the required minimum information from the customer and perform risk-based customer due diligence,” the central bank said.

“The relaxed KYC requirements apply to both over the counter and electronic or online transactions,” it added.

The BSP said the move is part of its initiatives to ensure that Filipinos have continuous access to basic government and financial services amid the COVID-19 situation.

BSP urges public: ‘Keep calm, use digital banking’ amid COVID-19 threat

Robie de Guzman   •   March 15, 2020

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Saturday urged the public to use e-banking and digital payment services amid the threat of novel coronavirus disease (COVID-19) in the country.

In a statement, the BSP said the use of digital banking enables the public to carry out needed financial transactions safely amid this public health crisis.

The central bank also assured that the banking industry will continue providing essential services to its clients, and that banks have activated their business continuity plans that aim to ensure deposit-taking, ATM withdrawals, check clearing, and other banking activities.

“The coronavirus outbreak is a public health crisis, not a financial crisis. Depositors are advised to remain calm as the banking system has the ability to serve all withdrawals within a reasonable period,” it said.

The BSP also said it is closely coordinating with the Bankers Association of the Philippines, Chamber of Thrift Banks and Rural Bankers Association of the Philippines for the industry’s current cash requirements.

“In addition, payment settlements continue to be performed through PhilPass,” the central bank said.

Bangko Sentral suspends work, closes offices for disinfection vs coronavirus

Robie de Guzman   •   March 12, 2020


MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Thursday announced it will temporarily suspend work and close its offices for two days to facilitate disinfection of its premises amid the spread of novel coronavirus disease (COVID-19) in the country.

In an advisory, the BSP said work at its head office and the Security Plant Complex has been suspended for Thursday, March 12, and Friday, March 13.

“The BSP, however, shall continue normal open market and Philpass settlement operations as well as the servicing of cash withdrawals by banks at the SPC,” it said.

The central bank’s move comes after its top official, Governor Benjamin Diokno, announced he will undergo a self-quarantine over concerns of exposure to the virus.

In a tweet Thursday, Diokno assured he is well and has not exhibited symptoms of novel coronavirus.

“I am glad to share that I am well & not manifesting any symptoms, although I decided to go on self-quarantine as a precautionary measure,” he said.

Diokno was among the government officials who attended the inspection of the North Luzon Expressway (NLEx) Harbor Link C3-R10 section last week with President Rodrigo Duterte, Finance Secretary Carlos Dominguez and Transportation Secretary Arthur Tugade.

Dominguez and Tugade earlier said they will go on self-quarantine as a precautionary measure after contact with an infected individual.

Malacañang also announced Thursday that Duterte will get tested for the virus even if he has shown no symptoms.


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