Mighty Corporation’s offer to pay tax through installment was declined by President Duterte.
Mighty Corporation – President Rodrigo Roa Duterte rebuffed Mighty Corporation’s proposal to pay P13-billion in their P9.5-billion tax liabilities.
The Mighty Corporation is a tobacco company situated at Malolos, Bulacan in the Philippines.
According to the report of the Manila Bulletin, the president has rejected the payment on installment basis of the said corporation because “he doesn’t want this to be another Jack Lam (online gambling tycoon)” said Justice Secretary Vitaliano Aguirre II.
Aguirre added that the Mighty Corporation is ready to pay the full amount yet in an installment scheme with each payment amounting P1-billion. However, the president did not like it.
The offered amount to be paid is just a compromise money due to the company’s tax liabilities and penalties so that they are not going to be sued by a criminal case by the government.
Agreement in compromising is allowed under the National Internal Revenue Code (NIRC) according to the report.
The justice secretary indicated that if the company does not want to face a larger payment and legal proceedings, they have to pay the total compromised amount in full payment, not through installments.
“I just formed the three-member panel. We have to make Mighty Corporation answer the charges first and then the BIR will reply before the case will be submitted for resolution,” Aguirre stated.
As reported by GMA News, the three-member panel formed by Aguirre will be the ones to conduct the preliminaries investigation regarding the matter.
This investigation will tell whether the issue will undergo under trial of the Court of Appeals or the charges will be dismissed.
Going back to the report of the Manila Bulletin, the corporation is yet to face more cases against them for those alleged fake tax stamps in their cigarette products discovered at one of their warehouses.
Mr president,,,MAAWA PO KAU SA AMIN NA TAGA MIGHTY,NG DAHIL SA MGHTY NAKA PAG ARAL MGA ANAK KO,,
MR,president,isa po kami sa belong sa indigenous people,at na dahil sa mighty corporation nagkaroon ako ng pagkakataon na mapag aral ko ang asawa at anak ko..kaya sanna po dinggin mo aming hiling,,kasi kapag nawala ang mghty para ko naring sapilitan kung pinahinto sila,,at sa iyo nakasalalay ang knabukasan ng aming mga anak.para man l;amang sa kahit sa muntik pangarap mn lang,,ay matutupad na ikaw ang dahilan , yun po ay malaking tatanawin namin na bilang isang utang na loob..hanggang sa huling henerasyon,,maalala ka parin namin at sa next pang mga henerasyon..nang dahil kay pangulong duterte natupad mga pangarap ng lolo,,hangang sa atin na ngayun..sanna po basahin nyo ito,,at nawa!y patnubayan kayo ng panginoon at pagpalain kayo,,at gabayan at tulungan sa pagsugpo ng droga..para sa aming lahat kami po ay n(removed)ig sa iyo…mahal ka namin pangulong duterte.mabuhay ka……..bigyan mo ng chance ang aming kompanya…para ang isang pobreng katulad ko…ay makakain man lamang sa araw ng pagkain,,,at isa po doon makapagbigay kami saya sa mmga masa.salamat po…