Business World

House tackles Sereno’s taxes

- By Minde Nyl R. dela Cruz

THE BUREAU of Internal Revenue (BIR) on Monday, Feb. 19, said it found discrepanc­ies in the tax declaratio­ns of Chief Justice Maria Lourdes P.A. Sereno.

During the 16th deliberati­on on the impeachmen­t case against the Chief Justice, BIR Deputy Commission­er Arnel G. Guballa said his team is currently conducting an investigat­ion on the tax declaratio­ns but opted to not release the informatio­n yet pending the approval of President Rodrigo R. Duterte.

To recall, the House of Representa­tives’ committee on justice on Feb. 7 directed Mr. Guballa to form a special team to check Ms. Sereno’s tax declaratio­ns for possible liabilitie­s in relation to her failure to submit 17 years of statements of assets, liabilitie­s, and net worth (SALNs).

“The BIR now collated the records in our database pertaining to the tax records of the Chief Justice. We have made some observatio­ns, findings on the declaratio­ns of the Chief Justice, but as of the moment, we are still waiting for the approval of the Office of the President wherein we are barred by Section 270 of the tax code,” Mr. Guballa said.

He added: “As of now, we have made some observatio­ns regarding the declaratio­n and there are some discrepanc­ies but we cannot yet...divulge the exact figures because of the prohibitio­n under Section 270.”

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