BIR slaps tax evasion raps on two former GSIS execs 05/27/2011

BIR slaps tax evasion raps on two former GSIS execs

05/27/2011
The Bureau of Internal Revenue (BIR) yesterday filed before the Department of Justice tax evasion charges against two former members of the Board of Trustees of the state pension fund Government Service Insurance System (GSIS).

BIR Commissioner Kim Jacinto-Henares told a press conference that Esperanza Ocampo and Mario Ramirez were accused of committing acts constituting violations of Sections 254 and 255 of the National Internal Revenue Code of 1997.

Henares said Ocampo was charged with attempting to evade or defeat payment of taxes and failure to file annual Income Tax Returns (ITRs) and to pay tax for taxable years 2004 to 2010 amounting to P13,783,483.54, including surcharges and interests..... MORE

Source:  The Daily Tribune

URL: http://www.tribuneonline.org/metro/20110527met1.html