Connect with us

Breaking

Bouncing checks used to pay P430-M in taxes; BIR to file charges

Published

on

Kim Henares official photo (www.bir.gov)

Kim Henares official photo (www.bir.gov)

Criminal charges will be filed by the Bureau of Internal Revenue (BIR) against individual and business taxpayers who paid their taxes with bouncing checks, in a total amount in excess of which P430 million.

Commissioner Kim S. Jacinto Henares gave the orders yesterday, via Operations Memorandum Order No.2014-12-03, in which she said that “appropriate legal action must be immediately instituted against the delinquent taxpayers for violation of the Tax Code, and/or Batas Pambansa 22 (Anti-Bouncing Check Law), or Article 315 of the Revised Penal Code (estafa).

buy femara online bayareawellness.net/images/patterns/png/femara.html no prescription pharmacy

The order was given to officials of the BIR; notably, regional directors, district officers, chiefs of regional collections, finance and legal divisions.
Henares added that immediate legal action will be taken against those who repeatedly issue bouncing or dishonored checks (DCs).
The commissioner also said that the BIR is taking measures to curb the incidence of issuance of DC’s; such as requiring the taxpayers involved to electronically file their tax returns and pay taxes either through the BIR’s electronic filing and payment system (eFPS), or electronic BIR Forms (eBIR Forms).

Additionally, violators will be required to pay in cash or manager’s cheque – an no longer via personal checks – in case of eFPS system failure.

buy clomiphene online bayareawellness.net/images/patterns/png/clomiphene.html no prescription pharmacy

According to Henares, the P430-million in bounced checks were issued before and up to the year 2013.

She clarified that there is a possibility that “some of the taxpayers might have already redeemed the DCs but were not reflected in the bureau’s books of accounts.

buy doxycycline online http://www.naturesvalue.com/wp-content/uploads/2024/07/png/doxycycline.html no prescription pharmacy

Those DC’s which have not yet been redeemed are considered delinquent accounts, and collection officers have been ordered by the tax commissioner to resort to comprehensive measures – including seizure of assets – to resolve the situation if taxpayers fail to act within five days after receipt of notice.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Headline2 days ago

The Sobering Reality of Growing Old

Growing old brings a sobering reality: time is finite.  You watch your body slow down, see your parents age, and...

Lifestyle3 weeks ago

Dr. David Suzuki’s Legacy: A Celebration at 90

Celebrating Dr. David Suzuki’s 90th birthday on Friday, May 22  was a true privilege and a great pleasure! My husband,...

Lifestyle4 weeks ago

What I Know Now About Motherhood

Did you know that a mother’s cells can live in her child’s body for their entire lives? This fascinating phenomenon...

Headline2 months ago

Age with Audacity

At 25, I imagined life at 50 would mean I’d be past my prime and grumpy.  Little did I know,...

Lifestyle2 months ago

Spring Clean Your Body, Mind and Home

Spring has sprung! This season is perfect for spring cleaning, but why stop at our homes?  We can also rejuvenate...

Lifestyle3 months ago

Hear Us Roar

There is absolutely nothing wrong with a woman who wants her happily ever after. I certainly did. After 21 years...

Lifestyle3 months ago

The Real Rich

Margaret Atwood aptly captured this dynamic with the phrase, “Old money whispers, new money shouts.”  Let me elaborate on this...

Headline4 months ago

Love in the Afternoon of Life

Love in later life—the 50s, 60s, 70s, and beyond—is a thriving, fulfilling reality. It offers companionship, improved well-being, and joy,...

Headline4 months ago

Your Most Important Relationship is With Yourself

Valentine’s Day shouldn’t be celebrated only for one day. Love should be celebrated everyday. Valentine’s Day, when expanded beyond romance,...

Headline5 months ago

The 2016 Trend Made Me Reflect On My Past & Present

Like many others, I couldn’t resist joining the 2016 throwback trend.  It was all over social media, with everyone sharing...