Monday, February 20, 2012

KC Concepcion, Nagbayad ng P18 million

There appears to be no hard feelings on the part of actress KC Concepcion when she appeared at the launching of the tax collection drive of the Bureau of Internal Revenue (BIR) in Manila, urging taxpayers to pay taxes.

It will be recalled that the BIR slapped Concepcion, daughter of megastar Sharon Cuneta, some P18 million in deficiency income taxes allegedly due from her income as a movie and entertainment celebrity.

Concepcion did not contest the assessment and readily settled her tax liabilities, thus clearing her of any administrative and criminal liability that errant taxpayers are subjected to under the BIR’s Run-After-Tax-Evaders (RATE) program.

The crowd, which included Revenue Commissioner Kim Henares and Manila Revenue Regional Director Pete Madulara, was delighted when Concepcion sang several love songs during the event.

After signing, the actress urged all taxpayers to file their income tax returns (ITR) and pay the correct taxes before the April 15 deadline to avoid the last minute rush.

Manila-based businessmen and their accountants, including members of the Filipino-Chinese Chamber of Commerce and Industries Inc. and Philippine Institute of Certified Public Accountants, attended the gathering and pledged to support the BIR’s tax campaign that aims to raise P1.066 trillion this year.

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