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Friday, April 19, 2024

Top-rate actor accused of P38-m tax evasion

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THE Bureau of Internal Revenue on Friday asked the Justice Department to prosecute actor Richard Gutierrez and his movie production company for alleged tax evasion and for failing to pay P38.57 million in taxes.

The BIR accuses Gutierrez and his company R Gutz Production Corp. of two counts of attempting to evade paying income tax and value-added tax for the year 2012 and for failing to file IT Return and 2nd, 3rd and 4th Quarter VAT returns for the same taxable year.

“As a consequence of their acts and omissions, R Gutz and its president, Richard Gutierrez, were assessed an estimated aggregate deficiency tax liability for taxable year 2012 in the total amount of P38.57 million,” the BIR said. 

Gutierrez and his company declared P311,111 in sales in 2012, but their clients said they bought P39.9 million from the entertainment firm during the same period.

The R Gutz is a domestic corporation registered with the Securities and Exchange Commission with its business address on  Anapolis Street in San Juan City.

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