Nation

Tax evasion case filed against Insurance adviser

An Insurance Adviser was charged with a Tax Evasion case because of hiding its real earnings for the years 2009-2010.

According to Reymarie Dela Cruz of the Bureau of Information and Education Division, Lorenza David Huang of Brgy. Holy Spirit, Quezon City earned more than 11 Million pesos in 2009 but only declared Three Million pesos instead.

In the investigation by the BIR, the cheating happened again when she declared her earnings for 2010 of Four Million pesos when in reality it was more than 16 Million pesos.

The government is running after 13 Million peso worth of tax debt against Huang.

Huang is the 179th individual charged with Tax Evasion after the government launched its “Run After Tax Evaders” program under BIR Commissioner Kim Henares.

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