Tag: Mighty Corp.

DOJ grants BIR motion to withdraw tax evasion raps vs Mighty Corp.

(Eagle News) — The Department of Justice has granted the Bureau of Internal Revenue’s motion to withdraw the tax evasion complaints against Mighty Corporation. This was after President Rodrigo Duterte said he had directed the BIR and the Department of Finance to accept the company’s P25-billion offer to settle its tax liabilities. In its two-page resolution, the DOJ noted that the National Internal Revenue Code “recognizes the authority of the Commissioner of the Bureau of Internal […]

BIR files P9.6-bn tax evasion case vs Mighty Corp.

(Eagle News) — The Bureau of Internal Revenue on Wednesday filed a P9.6-billion tax evasion case against Mighty Corp., whose owner President Rodrigo Duterte himself had ordered arrested for economic sabotage on March 7. In a statement, the BIR said it filed the complaint with the Department of Justice against retired Lt. Gen. Edilberto Adan, the company president; retired judge Oscar Barrientos, its executive vice president; Alexander Wongchuking, the vice president for external affairs and assistant corporate secretary; and Ernesto Victa, […]