By Perfecto T. Raymundo, Jr.
MANILA, (PNA) — The Bureau of Internal Revenue on Thursday filed before the Department of Justice a P33.59-million tax evasion case against a transportation company and its certified public accountants.
Charged were Kingsam Express, Inc., its president Samuel S. Santos and its CPAs Jeodimel Octaviano-Coronado and Melani Maano Lopez.
Kingsam, with office address at No. 415 Miranda Bldg., McArthur Highway, Malinta, Valenzuela City, operates as a public transport for passengers traversing the route of Malanday via EDSA, Monumento to Muntinlupa City.
In a press conference, BIR Commissioner Kim S. Jacinto-Henares said they charged Kingsam and its president for willful attempt to evade or defeat taxes and deliberate failure to supply correct and accurate information in its Annual Income Tax for taxable years 2008 and 2009 pursuant to Sections 254 and 255 of the National Internal Revenue Code of 1997.
Henares added they charged Coronado and Lopez for certifying the Financial Statements of Kingsam which contained misstatements of facts covering taxable years 2008 and 2009, in violation of Section 257 of the Tax Code.
Kingsam was assessed a total tax liability of P33.59 million, inclusive of surcharges and interests, such as P9.83 million for 2008 and P23.76 million for 2009.