Lacson berates Rowena; Senate to pin down Arroyos on tax evasion By Angie M. Rosales 08/26/2011

Lacson berates Rowena; Senate to pin down Arroyos on tax evasion

By Angie M. Rosales 08/26/2011

Not a single centavo was paid as tax by Negros Occidental Rep. Ignacio “Iggy” Arroyo or his family’s company, LTA Inc., in the transactions with Lionair Inc., Senate probers were told yesterday.

As such, possible new charges, that of apparent tax evasion would likely be among the recommendations by the Senate blue ribbon committee chairman, Sen. Teofisto “TG” Guingona said.

Culpability of some members of the First Family on the alleged anomalous P105-million deal can be pursued “based on the statement of facts that implicate the LTA and the Arroyos,” he added.

Former LTA bookkeeper Rowena del Rosario openly admitted before senators that they were not paying taxes, including value added tax (VAT) charges concerning payments and other transactions involving Lionair in which the Arroyo-owned firm allegedly entered into a lease agreement on the use of its helicopters..... MORE

Source:  The Daily Tribune

URL: http://www.tribuneonline.org/headlines/20110826hed2.html