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Home International Customs Philippines

Philippines BIR files tax evasion case against Richard Gutierrez’s R Gutz Productions

byCT Report
22/04/2017
in Philippines
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MANILA: The Bureau of Internal Revenue filed tax evasion complaint before the Department of Justice against actor Richard Gutierrez and his production company for allegedly owing the government of nearly PHP38.57 million in unpaid taxes.

Based on the complaint filed by BIR, Gutierrez and his production company, R Gutz Production Corporation, where he sits as president, faces two counts of willful attempt to evade or defeat the payment of Income Tax (IT) and Value Added Tax (VAT) covering taxable 2012 and for deliberate failure to file IT Return (ITR) and 2nd, 3rd and 4th quarter VAT returns for taxable year 2012.

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“As a consequence of their acts and omissions, R Gutz and its president, Richard Gutierrez, were assessed an estimated aggregate deficiency tax liability for taxable year 2012 in the total amount of PHP38.57 million, including surcharges and interest, broken down into IT PHP27.45 million; and VAT PHP11.12 million,” the BIR said.

Gutierrez and his company declared PHP311,111 in sales in 2012.

However, their clients said they bought PHP39.9 million from the entertainment firm during the same period, based on a list of purchases.

The R Gutz is a domestic corporation registered with the Securities and Exchange Commission with registered business address at No. 53-C Anapolis Street, San Juan City. It is engaged in the business of production, processing and marketing of telemovies, telesine, movies recordings, television shows and other forms of entertainment — events, sports promotion of talents, television, and live shows for local and international consumption.

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