metromanila.politics.com.ph

Anyare? BIR chief Dulay withdraws tax complaints vs Mighty Corp

0 523

Bureau of Internal Revenue (BIR) Commissioner Caesar Dulay has withdrawn the multiple tax evasion raps amounting to P36.5 billion against cigarette maker Mighty Corporation after the firm reached a settlement with the government.

The Department of Justice (DOJ) has issued a resolution granting the motion of BIR to withdraw the complaints.

“Wherefore, premises considered, complainant BIR’s motion to withdraw dated September 26, 2017 is hereby granted,” read the DOJ resolution.

“The complaints in the instant cases are hereby deemed withdrawn,” read the resolution issued by the panel of prosecutors handling the cases,” it said.

Last September, the Japan Tobacco Inc. Bought the local cigarette firm for 936 million and part of the proceeds were used to pay for the latter’s tax liabilities.

The BIR filed the complaints before the DOJ after it was discovered Mighty Corporation had been using fake excise tax stamps following inspections of its products in its warehouses in Pampanga, Bulacan, and General Santos City.