The Bureau of Internal Revenue yesterday filed a P1.1-billion tax evasion case against a popular donuts company in Mandaluyong City and its four key officials for allegedly manipulating its financial statements to reduce Value-Added Tax, income, and expanded withholding tax payments.
In a criminal complaint filed before the Department of Justice, BIR Commissioner Caesar R. Dulay identified the respondents as Golden Donuts Inc. (GDI), Walter Spakowski, Miguel Prieto, Pedro Paraiso, and Jocelyn Santos, president, treasurer, chief finance officer, and vice president for finance, respectively.
GDI is the exclusive franchisee of Dunkin Donuts of America Inc. which granted the license to operate outlets in the country using the Dunkin Donuts system.
It can be recalled that a revenue officer who audited the case few years ago had filed graft charges against former top officials of the BIR for allegedly ignoring his assessment and collecting the huge deficiency tax of the firm.
The case arose when confidential information was received by the BIR that GDI made substantial under declaration of its sales in 2007.
Investigation showed that sales invoices allegedly issued by various suppliers were intentionally altered. Some invoices did not contain the Tax Identification Number of the GDI. (Jun Ramirez)
