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Delfin Lee of Globe Asiatique charged with tax evasion

Unknown 3:18 AM Asiatique , charged , Delfin , evasion , Globe

<ul><li style="text-align: justify;">Globe Asiatique president Delfin Lee is charged with tax evasion alongside a lady jeweler who has millions of jewelries untaxed</li> <li style="text-align: justify;">BIR records show that he has under declared income payments for one of his companies</li> <li style="text-align: justify;">He is still facing charges of estafa from having ghost borrowers in 2009 </li> </ul>Delfin Lee, the businessman behind the popular real estate name Globe Asiatique has been charged with tax evasion before the Department of Justice (DOJ) this week, <a href="http://news.abs-cbn.com/business/04/07/16/globe-asiatiques-delfin-lee-charged-with-tax-evasion">reports</a> say. A lady jeweler was also charged with the same case. According to Bureau of Internal Revenue (BIR) Commissioner Kim Jacinto-Henares, the President of Globe Asiatique Realty Holding Corporation (GARHC), Lee, has allegedly under declared income payments by one of his companies, G.A. Concrete Mix, Inc. (GACMI). Based on the records that Henares shared to the press, GACMI declared a total sales of P24 million for 2009 and 2010 for services that were rendered to GARHC. However, in the certification that was issued to the BIR, GARHC reported a total payment of P49 million to the cement mixing firm for the two-year period. “As a result of their acts and omissions, GACMI and its responsible corporate officers were assessed an estimated deficiency tax liability amounting to P20.5 million.” Henares said. On top of this, Lee is also facing estafa charges over allegedly using “ghost borrowers” to obtain P6.6 billion loans from PAG-IBIG back in 2009. On the other hand, the lady jeweler who was charged with a tax evasion case is Erlinda Asidello. Her residence in Loyola Heights, Quezon City, was raided last month by authorities. Jewelry and precious stones worth millions of pesos were discovered and seized. The items were all untaxed. She was specifically accused of non-registration and non-issuance of official receipts. She was only registered as a local employee. She also did not pay any annual registration fee relating to any business. “She did not declare any business venture and made no amendment of her tax registration status. Property tax declaration obtained from the Quezon City assessor’s office also confirmed that the subject premises are indeed owned by the respondent and her husband,” a spokesman from the BIR explained. <a href="http://kickerdaily.com/delfin-lee-globe-asiatique-charged-with-tax-evasion/" rel="nofollow">Kicker Daily News</a>

Globe Asiatique president Delfin Lee is charged with tax evasion alongside a lady jeweler who has millions of jewelries untaxed BIR records ...