Long arm of the law catching criminals via tax evasion...
By eileenleyva
@eileenleyva (27560)
Philippines
April 7, 2011 7:21pm CST
It did seem before that we would never have any reprieve from the vultures of society, disguising as honorable men in politics and business. It did seem that the law has a double standard, and the rich and the powerful can get away with the money they had stolen through corruption.
Alas, the Bureau of Internal Revenue had filed cases of tax evasion on personages who had allegedly did not declare their true assets as required by law. And if ever they bought the properties legally, the BIR wants to know where did they get the money to purchase these real estate.
6 responses
@eileenleyva (27560)
• Philippines
8 Apr 11
How much does the low cost? Can you give us an estimate here? A range in US $ ?
@eileenleyva (27560)
• Philippines
10 Apr 11
Hope these businessmen an politicians can come clean and declare and give their tax share honestly and correctly. This would mean progress for our dear Philippines.
@SIMPLYD (90721)
• Philippines
8 Apr 11
It's high time that BIR should be doing that to those rich people. I guess, it's their right to know if the rich people's declarations are true and accurate.
BIR should now be working double time in doing that so that penalties could be imposed thus increasing the revenues that could eventually benefit all the citizenry.
1 person likes this
@eileenleyva (27560)
• Philippines
8 Apr 11
I am definitely interested in those penalties... that could mean shirts and shorts for the deprived children I see near my community.
@louievill (28851)
• Philippines
8 Apr 11
Yes friend the best way to catch criminals is to look at their assets and bank accounts, I think this is not really new, I think the infamous mafia mobster Al Capone was caught this way by Eliot Ness when the FBI was still in it's infancy. Capone was too slippery to catch although he made a lot of money thru bootlegging during the prohibition, he was charged with tax evasion. Yes one thing with tax evasion charges is you have to explain where you got your unexplained wealth , so the other charges they would file will ensue based on evasion investigations
1 person likes this
@eileenleyva (27560)
• Philippines
10 Apr 11
Thanks louie, now I know who caught Al Capone.
As to the BIR,, I do hope that they really check all the wealthy people's assets. I hear young people say they could treat others to trips abroad, and the hotel accommodations bill a million bucks a day. Now, these youth could really be rich. But how did their parents accumulate the wealth their children gaudily brag about now?
@macayadann (1235)
• Philippines
8 Apr 11
hope they can even reach their savings of million dollars abroad, and may the time for the investigation can be finalized the soonest. If you are watching eye witness and reporters notebook or have had watched these, I can not imagine how they enjoy and lured of so much pleasure while others are in the poorest of the poor situation. Possessed by their wickedness, and for how long will they keep for themselves all the material things they have gathered here on earth. Anyway, as they die, how much do you think is the cost of their life when they have to buy it back from store hell , well I think even to add the interest of their overflowing investments still not enough for their soul is much more priceless for satan.
1 person likes this
@eileenleyva (27560)
• Philippines
8 Apr 11
Correct, we don;t bring a thing to the grave. Not even a matchbox. And they sport gaudy two-seaters...
@czaxivonen (97)
• Philippines
8 Apr 11
I agree with you on that. some politicians, celebrities and other famous people are indeed dishonest, however there are also some who maintain a clean record. in politics, corruption has transformed from 'an-often-necessary-but-not-required' process to 'standard-operating-procedures'. It is just too much. But the present Philippine administration is coming up with ways to scrap this, DBM, BIR, COA are now raising the bar in terms of honesty and integrity, its just sad however that many could still get away with it.
1 person likes this
@eileenleyva (27560)
• Philippines
8 Apr 11
The law is for the powerful's convenience, they can even iron evidences in their favor.