Thursday, October 10, 2013

BIR Will Investigate Napoles children

BIR, Napoles, Philippines news
BIR, Napoles, Philippines news

BIR, Napoles, Philippines news

MANILA, Philippines— The Bureau of Internal Revenue (BIR) will investigate if there are possible tax violations committed not only by Janet Lim-Napoles but also her children.

BIR Chief Kim Henares said during an interview, “We want to know how much is their total tax liability”.

The BIR already filed tax evasion complaint before the Department of Justice against Janet Napoles and her husband Jaime. Her total tax liability is P44.68 million while her husband’s liability is P16.43 million.

The BIR also filed a separate tax evasion case against Napoles’ youngest daughter Jeane Catherine for failure to file income tax return for 2011 and 2012.

Henares said the young Napoles was able to acquire a condominium unit at the Ritz Carlton in Los Angeles, California worth P54.73 million; and has a share, equivalent to P1.49 million, in a Bayambang, Pangasinan property purchased in 2012 without declaring any income. Jeane was heavily criticized through social media for flaunting her lavish lifestyle.

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