BIR probes scammers on money laundering

  • Page Views 3453
  • The country’s tax chief said the Bureau of Internal Revenue (BIR) is looking into possible tax liabilities of the personalities involved in the $81 million money laundering scam.

    BIR commissioner Kim Henares said the agency is checking if taxes are properly paid by companies and individuals being linked to the scheme.

    “Every time there’s a controversy, whether it has a legislative investigation going on, we look into it just to make sure we’re not negligent,” Henares said on the sidelines of the Management Association of the Philippines’ General Membership Meeting yesterday.

    “We’re looking into it. If taxes are properly paid, then everyone does not have any problem. If taxes are not properly paid, then they will have a problem. Whoever needs to be investigated will be investigated,” she added.

    She also reiterated that the bank secrecy law should be lifted. Henares earlier said criminals have often hidden behind bank secrecy laws.

    “I’ve always said that we should lift the bank secrecy law, because we should not be complicit to allowing a crime to be committed successfully. It should not be the case, where a criminal is able to escape because of the country’s laws,” she said.

    The BIR chief pointed out the recent events only prove that the laws need serious updating. (ANGELA CELIS, Malaya)

    Share

    New Posts Recently publish post More

    • 21 October 2021
      2 days ago No comment

      Alden Richards continues to scale new heights; renews contract with GMA Network

      A proud Kapuso for over a decade: Alden Richards is a name that needs no introduction. With an impressive thread of local and international recognitions, box-office hits, top-rating series, and chart-topping albums, the Kapuso actor has proven worthy of his title as Asia’s Multimedia Star. Last October 15, Alden ...

    • 21 October 2021
      2 days ago No comment

      ABS-CBN wins Star Awards’ Best TV Station

      ABS-CBN won Best TV Station while its stars and shows also received recognition in the 34th Star Awards for Television held virtually by the Philippine Movie Press Club (PMPC) over the weekend. Among the 24 other winners from the Kapamilya was series Pamilya Ko, which was named Best Primetime ...

    • 21 October 2021
      2 days ago No comment

      Leni-Pacquiao tandem still possible

      Senator Manny Pacquaio has left the door open to stepping aside as a presidential candidate. Pacquaio has indicated that he may be willing to support the presidential bid of current Vice President Leni Robredo in the May 9, 2022 election. Pacquiao said on October 15 that he would be ...

    • 14 October 2021
      1 week ago No comment

      3 Steps to getting your BC Vaccine Card

      Related

    • 14 October 2021
      1 week ago No comment

      Maria Ressa’s Nobel Peace Prize is an international Rebuke of the Duterte Regime

      The Malaya Movement in Canada congratulates Maria Ressa as co-recipient of the 2021 Nobel Peace Prize. In its announcement, the Nobel Committee cited Ms. Ressa’s efforts to safeguard freedom of expression, which is a precondition for democracy and lasting peace. Ms Ressa …[is] receiving the Peace Prize for [her] ...

    %d bloggers like this: