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DoJ files tax evasion charges vs Garcia By Benjamin B. Pulta 01/05/2011

Wednesday, January 5, 2011

DoJ files tax evasion charges vs Garcia

By Benjamin B. Pulta 01/05/2011

Prosecutors have approved the filing of criminal charges for tax evasion against retired Maj. Gen. Carlos Garcia for allegedly failing to pay taxes on investments he allegedly entered into in 2002 and 2003.

In a resolution dated last month and released to newsmen yesterday, the Department of Justrice (DoJ), through Senior State Prosecutor Miguel Gudio ruled to uphold earlier findings by the Bureau of
Internal Revenue (BIR) and other government investigating bodies of tax evasion against the former Armed forces of the Philippines (AFP) comptroller.

The DoJ underscored that the BIR “has sufficiently established respondents-spouses’ commission of fraud and/or tax evasion,” and ruled that Garcia and his wife Clarita underdeclared income amounting to P12.25-million for year 2002 and P14.109-million for year 2003..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/headlines/20110105hed5.html

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