Quantcast
Article Index |Advertise | Mobile | RSS | Wireless | Newsletter | Archive | Corrections | Syndication | Contact us | About Us| Services
 
  Breaking News :    
Advertisement
Century Properties
Megaworld

INQUIRER ALERT
Get the free INQUIRER newsletter
Enter your email address:

 
Breaking News Type Size: (+) (-)
You are here: Home > Showbiz & Style > Breaking News

  ARTICLE SERVICES      
     Reprint this article     Print this article  
    Send Feedback  
    Post a comment   Share  

  RELATED STORIES  




imns



National Artist Carlo Caparas faces tax evasion raps

Film director owes govt over P540M

By Tetch Torres
INQUIRER.net
First Posted 11:51:00 10/21/2010

Filed Under: State Budget & Taxes, Crime, Celebrities, Entertainment (general)

MANILA, Philippines?(UPDATE) The Bureau of Internal Revenue (BIR) on Thursday filed 64 counts of tax evasion case against National Artist Carlo J. Caparas for failure to file tax returns from 2006 to 2009.

In a complaint filed with the Department of Justice (DoJ), the BIR said Caparas?s total tax due for the four-year period is over P540,210,206 inclusive of surcharges and penalties broken down as follows: income tax, P344,596,331 and value added tax of P195,613,874.

BIR investigators showed that Caparas received from the Philippine Charity Sweepstakes Office (PCSO) more than P850 million in payment for the production of different television programs from 2006 to 2009; the amount formed part of his P1.3-billion contract with PCSO.

Caparas is a registered taxpayer as ?Professional? engaged in dramatic arts, among others. As an individual receiving self-employment income, Caparas is required to file a declaration of such income and pay taxes due which he failed to do.

?The P850 million was actual payment given to him. We have not included the balance to the P1.3 billion because it was not yet paid to him. If we did, his tax liability will increase,? BIR Commissioner Kim Henares said.

?Yung utang sa kanya (What PCSO owes him) is a contractual obligation. Ito (This is a) tax obligation,? she said.

The investigation of Caparas?s tax liability stemmed from a report on the planned cancellation of tge television shows ?Ang Pangarap Kong Jackpot? and ?Kroko? featuring lottery winners. The report revealed that the shows were part of the P1.3-billion contract.



Copyright 2014 INQUIRER.net. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



Share

RELATED STORIES:

OTHER STORIES:



  ^ Back to top

© Copyright 2001-2014 INQUIRER.net, An INQUIRER Company

The INQUIRER Network: HOME | NEWS | SPORTS | SHOWBIZ & STYLE | TECHNOLOGY | BUSINESS | OPINION | GLOBAL NATION | Site Map
Services: Advertise | Buy Content | Wireless | Newsletter | Low Graphics | Search / Archive | Article Index | Contact us
The INQUIRER Company: About the Inquirer | User Agreement | Link Policy | Privacy Policy

Advertisement
Inquirer VDO
Property Guide
Jobmarket Online
DZIQ 990
Pacquiao