A woman whose company sold millions in coffee to state-owned Philippine Gaming Corporation during the past administration now faces a tax evasion case.
According to an Inquirer report, the Justice departmen has accused Carlota Cristi Tan of underdeclaring her company’s sales in 2003 and 2004. She supposedly earned P36.7 million in 2003 but only declared P16.064 million. In 2004, she declared an income of P25.816 million but the DOJ said she actually earned P70.244 million.
“Considering that the underdeclaration made by respondent Tan exceeded 30 percent of the actual sales…the Task Force found that there is probable cause to believe that Tan wilfully and deliberately attempted to evade taxes in the said years,” the report said, quoting the DOJ resolution on the case.
The government said she owes P59 million in taxes.
Tan’s company, Promolabels, received P700 million of the Pagcor’s P1 billion budget for coffee. That is a lot of coffee.
