BIR files tax evasion raps vs. Malampaya Fund project contractor

A contractor of a Malampaya Fund project has been charged with tax evasion.

The Bureau of Internal Revenue (BIR) announced on Thursday, the filing of charges against Bella Tiotangco for allegedly failing to pay correct taxes in 2008.

Tiotangco is the sole owner of BCT Trading and Construction, which the Palawan government tapped for several infrastructure projects using the Malampaya funds.

The BIR said that Tiotangco has a tax liability of more than P277 million.

Tiotangco's case is the 199th filed under the Run After Tax Evaders (RATE) program of the BIR under Commissioner Kim Henares. The tax agency also filed charges against a gasoline dealer and a power company, both based in Quezon City.

BIR earlier fell short of its P100 billion October target by around P4.4 billion.



READ MORE: Tax evasion raps filed vs Malampaya project contractor

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