BIR files tax raps vs. Caloocan trader

The Bureau of Internal Revenue (BIR) has filed a tax evasion complaint against a Caloocan City businessman for alleged failure to pay nearly P2 million in taxes for 2011.

Filed with the Caloocan City Prosecutor's Office on Thursday, the BIR accused Johnny Hung So of violating Section 255 of the Tax Code.

Hung So is the owner of Vastlink Trading Corp. which engaged in the business of retailing office machines, equipment and computers.

His prominent clients include Gentro International Products, Inc., and Philippine National Construction Corporation. 

Hung So was sued for failing to pay his deficiency tax liabilities for 2011 amounting to P1.61 million, inclusive of increments, broken down as follows: income tax - P0.67 million; and value added tax - P0.94 million.

The BIR said Hung So was served notice of his tax liability but failed to either protest or to submit additional documents to refute said assessment, thus making it "final, executory, and demandable." —KG, GMA News