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(Eagle News)—-The Philippine franchisee of Dunkin Donuts that was charged by the Bureau of Internal Revenue with tax evasion has denied all the charges against it. In a statement, Golden Donuts, Inc. said its tax liabilities for 2007 had been settled with the BIR as of 2012. On the allegation there was underdeclaration of sales by 39 percent, the franchisee owned by the Prieto family said “all GDI franchisees are business entities separate from GDI […]
Justice Secretary Vitaliano Aguirre said on Friday that the government was “P40 billion richer” after Mighty Corp. finally paid its tax liabilities and penalties. Aguirre disclosed this after the Department of Justice granted the Bureau of Internal Revenue’s motion to withdraw the tax evasion complaints filed against the country’s number two cigarette manufacturer. “We could consider this case as closed. (The) government of the Philippines is P40 billion richer,” Aguirre told reporters. According to the […]
