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Royale Business Club, 3 other businesses sued for tax evasion

InterAksyon.com means BUSINESS

MANILA – A multi-level marketing firm and three other businesses have been sued in separate tax evasion cases.

In a statement, the Bureau of Internal Revenue (BIR) said it filed today a criminal complaint with the Department of Justice against Royale Business Club International Inc for refusing to provide correct information about its income tax returns and value-added tax (VAT) returns for the years 2011 to 2013.

Royale, which holds office along Quezon Avenue in West Triangle, Quezon City, is a local company engaged in the marketing and distribution of consumer products, such as food supplements, cosmetics, pharmaceutical products and beverages.

According to the BIR, Royale underdeclared its taxable sales by 387 percent in 2011, by 122 percent in 2012, and by 80 percent in 2013. The company owes the government P359.75 million in taxes, including surcharges and interest.

Also sued were the multi-level marketing firm’s officers, namely Julius Allan G. Nolasco (president), Isa Angela C. Bautista (vice president for finance and treasurer), Jeanette R. Maghirang (assistant treasurer), Imelda P. Pedron (assistant treasurer) and Marjorie G. Molina (assistant accounting manager).

Besides Royale, the BIR also sued the following enterprises:

  • Teresita R. Alcantara, who owns Project 3, Quezon City-based Rusette Printing Press & Trading and owes the government P19.69 million in income tax and VAT, including interest and surcharges;
  • Industrial equipment importer and retailer Dainan International Inc and its president Nelson Tia for P54.27 million in income tax and VAT; and
  • Metals and peripherals manufacturer Vivetech Corporation and its officers Edwin B. Lumague (president) and Roedel R. Lumague (treasurer) for P32.96 million in income tax, VAT withholding tax and documentary stamp tax.

The above cases are part of the BIR’s Run After Tax Evaders (RATE) Program.

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