'Unbelievable': Henares on Pharmally exec's low taxes

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'Unbelievable': Ex-BIR chief reacts to Pharmally exec's low taxes

Ex-Bureau of Internal Revenue chief Kim Henares made this observation after a Senate inquiry questioned the low amount of taxes paid by two top executives of embattled pandemic supplier Pharmally Pharmaceutical Corp.

“I wouldn’t say that they’re paying less than what a minimum wage earner is paying. The minimum wage earner is exempted from taxes. So I would say that, let’s say him ‘no, because the first P250,000 is exempt, P250,000+P44,000 so a year, he’s probably only earning P295,000.” “But then you will now have to look at the corporation, did they declare dividend or not? And from my understanding if you look at the Pharmally income tax return and financial statement, they never declared any dividend,” she said.

Henares said there may have been an intent on the part of the Dargani siblings to confuse the country’s tax bureau, given how some of their tax data were “unreadable.” “For Mr. Yang, I understand that he has a business in Davao,” Henares said. “So, unless that business is a corporation, if it’s a sole proprietor he should have filed an income tax return under his name.”

Asked if she thinks the P7,600 in taxes Yang paid in 2018 is believable, Henares said, “No, it’s not because of the surrounding facts that came out in the investigation.” “So now you’re in the alpha list of--before that he was in HLURB right, and after that it was DBM, so you now have to check on the alpha list of HLURB and DBM,” she said.Tigerphil Marketing Corporation, Pharmally's alleged medical supplier, meanwhile, paid P2,234 in taxes in 2017 from their taxable income P7,447.

 

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Forbes Park is just like Beverly Hills na version sa Pinas, tapos 200k lang ang salary? Hmmmmm, pano niyo afford ang bahay don?

Nagmamaang-maangan yata sila nung they submitted an unreadable copy of their taxable 🥴 Kulong niyo na yarn

Sinong mauuto diyan e ang gagara ng mga sasakyan tapos sasabihin nila na P200k lang income nila? Ulol kwento niyo sa pipino 🙄

Luh Pharmally tax evaders yarn 😳 Nakakuha ng P8 billion from their first client pero ganon lang binayad na tax? That's kinda sus 🤨

Tamavahyown? May luxury car pero yung income less than half a million? 🤔

Asan yung mga congressmen na nag-deny ng franchise ng abs-cbn dahil may utang daw sila? Eto o! Dyan kayo dapat magalit. Maliwanag na maliwanag ang tax evasion.

Pag nanalo si VP Leni lagot yang magkapatid kay Kim Henares

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