The Bureau of Internal Revenue (BIR) is also set to slap tax evasion charges against Joel Apolinario, founder of Kapa Community Ministry International Inc., (Kapa), an investment scam that has victimized thousands of victims of billions of pesos.
The volume of the tax evasion would be much larger than that which involved his wife, said sources in the tax body now hounding the company that has been ordered closed by President Rodrigo Duterte.
On Thursday, the BIR filed tax evasion charges before the Department of Justice (DOJ) against Reyna L. Apolinario, the corporate secretary of Kapa Community Ministry International Inc., (Kapa) and wife of Apolinario.
The charges initiated by the Revenue District Office No. 110 are for violation of provisions of the Tax Code for willful attempt to evade or defeat tax and failure to file return, supply correct and accurate information, pay tax, withhold and remit tax and refund excess taxes withheld on compensation for taxable years 2017-2018.
In a press briefing, BIR Deputy Commissioner Marissa O. Cabreros said separate investigations are being undertaken on Kapa itself and its other officials.
Mrs. Apolinario is being sued for an estimated total income tax liability of PHP168.2 million, inclusive of surcharges and interests, broken down into PHP163.9 million for 2017 and PHP4.3 million for 2018.
Revenue officials said Mrs. Apolinario has not filed her income tax returns (ITRs) for taxable years 2012-2015 but filed an ITR for taxable year 2016 declaring an income of only PHP206,578. She also declared income for taxable year 2017 and 2018 of PHP171,000 and PHP12.06 million, respectively.
The BIR noted that in 2018, the declared beginning capital of Mrs. Apolinario in her audited financial statements reached PHP306.9 million.
Nine vehicles were likewise registered under Mrs. Apolinario’s name in 2017 and 2018 which were not declared in her financial statements submitted to the BIR along with 13 businesses under her name consisting of retail-construction, materials/garments, gasoline stations, and convention stores, computer and printing services, quarry, bakeshop and refreshment, and media.
Aside from Apolinario, the BIR also announced the filing of tax charges against nine other firms, namely Phimco Industries Inc., Provident Tree Farms Inc., Elite Garments International Inc., Jayran International Sales Corp., Bestline Mart, Top Belagio Super Sales Corp., Axispointe Builders & Construction Company, MMC Food Industries Inc., and Asia Auto Interior Inc. (with PNA report)