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The taxmen are coming!
“The Bureau of Internal Revenue (BIR) on Thursday, Frbruary 5, filed separate criminal charges against online shopping website CashCashPinoy and e-commerce platform Ensogo for evading taxes totaling almost PHP170 million,” reports Mark Merueñas on GMA News Online.
The report explained that “the BIR accused Moonline Inc., which sells products and services through online website CashCashPinoy, of willful attempt to evade its tax obligations and deliberate failure to supply the correct and accurate information in its income tax return for 2011, 2012, 2013.”
Moonline’s president Frederic Levy and treasurer Bernadeth Levy were charged. The BIR accused the company of underdeclaring its taxable income by 23% or PHP9.31 million in 2011, by 240%t or PHP11.09 million in 2012, and by 181% or PHP129.88 million in 2013.
The report noted: “The BIR also sued Ensogo Inc. for failing to remit taxes withheld and for not paying the corresponding expanded/withholding tax on compensation and value-added tax from 2011 to 2014, amounting to PHP36.14 million.
Ensogo president Krit Srivorakul and treasurer Xelynne de Lara were sued.
Photo: MorgueFile
