P100-m tax raps vs Napoles siblings
The Bureau of Internal Revenue on Thursday asked the Department of Justice to prosecute two children of alleged pork barrel scam architect Janet Lim Napoles for their failure to pay P101 million in taxes.
The BIR accused the Napoles siblings James Christopher and Jo Christine, as president and treasurer of JCLN Global Properties Development Corp., respectively, of violating Sections 254 and 255 of the National Internal Revenue Code.
JCLN Corp. is engaged in the business of developing, buying, selling and leasing of real estate business.
The BIR accused the respondents of “willful attempt to evade or defeat the payment of tax” and “deliberate failure to supply correct and accurate information” in their income tax return for taxable years 2008 to 2011.
The BIR said that JCLN Corp. was able to acquire pieces of real properties in Quezon City, Manila, Taguig, Pasig, Bulacan and Kidapawan, Cotabato worth P16.5-million in 2008, P36.07 million in 20009, P44.19-million in 2010 and P43.21 million in 2011.
Among these properties, the BIR said, are condominium units at The Beaufort and Eastwood Lafayette One in Libis, Quezon City and the G5 and G6 Residences at the Discovery Center in Pasig City.
Despite these acquisitions, the BIR said the respondents failed to report these in their comparative audited financial statements.
“The failure to report said purchases in its audited financial statement for taxable years 2008 to 2011 is evidently a scheme to conceal undeclared revenues,” the complaint said, adding that among the documents gathered in the course of their investigation were electronic copies of condominium certificate of title, transfer certificates of title, deeds of absolute sale, certified true copies of TCTs, deeds of absolute sale and certification from sellers of the properties.
The BIR said the aggregate deficiency income tax liability of the respondents amounted to P101.717 million, including interest and surcharges broken down into P13. 788 million in 2008, P27.974 million in 2009, P31. 626 million in 2010 and P28. 329 million in 2011.
The BIR said the investigation on the respondents was prompted by media reports on the investigation conducted by the National Bureau of Investigation on the alleged misuse of the pork barrel allocation of lawmakers that were allegedly funneled into dubious non-government organizations established by Napoles to siphon off money.
Last year, the DOJ charged another Napoles daughter, Jeane Napoles, for tax evasion based on a complaint filed by the BIR after she allegedly evaded the payment of taxes on her various acquisitions, including condominium units in California and farm lots in Pangasinan.
The BIR said Napoles’ condo unit in Los Angeles, California was acquired for $280, 000 (P54.73 million) in July 2011 while the two farm lots in Pangasinan were purchased in January 2012 for P1, 493, 333.33
The BIR assessed the tax liabilities of Napoles at P17, 461, 038.40 for the condo unit and P486,866.67 for the farm lots for a total of P17.8 million.
The younger Napoles became controversial after photos in her social media accounts showed her flaunting her lavish lifestyle, including expensive cars she supposedly received from her parents for her birthday, debut and graduation from college, as well as luxurious watches, jewelry, clothing, and shoes.
The tax evasion case was an offshoot of a probe conducted by the National Bureau of Investigation on the alleged misuse of the Priority Development Assistance Fund of some senators and members of the House of Representatives that went to non-government organizations allegedly engineered by Janet Napoles, who is now detained at the Correctional Institute for Women in Mandaluyong City after she was convicted of serious illegal detention charges filed by her cousin-whistleblower Benhur Luy.
The new Napoles suit is the 394th case filed by the BIR’s Run After Tax Evaders (RATE) campaign.