The Bureau of International Revenue (BIR) on Thursday filed a tax liability complaint against Reyna Lobitaña Apolinario, corporate secretary and wife of Kabus Padatoon Community International Inc. (KAPA) founder Pastor Joel Apolinario.
Based on BIR’s investigation, Reyna failed to pay her income tax return (ITR) and filed false ITR information where she stated an income of only P206,578.00 and P171,100.00, respectively.
Reyna also had an undeclared sources of income amounting
In her 2018 audited financial statement, she declared a beginning capital of P307 million that allegedly included P45.10 million of assets and investments; P140 million worth of luxury cars; P27.60 million heavy equipment and P67.50 million real properties.
Land and Transportation Office (LTO) discovered that nine vehicles were undeclared on Reyna’s financial statements submitted to the BIR in 2017 and 2018.
BIR Integrated Tax System (ITS) records also showed that 13 business were under Reyna’s name including retail-construction materials/garments/metals, gasoline stations & convenience stores, computer & printing services, quarry, convention center fishing boat, bakeshop & refreshment, media & marketing network and hotel.
The bureau said that Reyna has a total income tax liability amounting to P168.2 million, inclusive of surcharges and interests. This is in violation of Sections 254 and 255 of National Internal Revenue Code of 1997.
“The Bureau of Internal Revenue (BIR) today filed a criminal complaint with the Department of Justice (DOJ) against REYNA LOBITAÑA APOLINARIO (REYNA) for Wilful Attempt to Evade or Defeat Tax and Failure to File Return, Supply Correct and Accurate Information, Pay Tax, Withhold and Remit Tax and Refund Excess Taxes Withheld on Compensation for taxable years 2017-2018, all in violation of Sections 254 and 255 of the National Internal Revenue Code of 1997, as amended (Tax Code),” BIR said in a statement.
If found guilty, the KAPA official would face up to 10 years in prison and P100,000 in fines.
It is the 497th case filed under Run After Tax Evaders (RATE) program of BIR under the supervision of Commissioner Caesar Dulay.
Meanwhile, Securities and Exchange Commission (SEC) released a warning against Kabus Padatoon. This is in line with their disinformation campaign of non-stock and independent religious corporation that allegedly runs a fraudulent investment scheme in Mindanao and other parts of the country.
Based on SEC’s statement, they keep monitoring fake information and false claims being disseminated by KAPA through their social media account even on radio programs claiming that the group’s operation will continue once they secure necessary license.
SEC reiterated that all these information by KAPA were not true.
Earlier, the Securities and Exchange Commission (SEC) filed criminal charges against Apolinario and several other key officers of Kapa for allegedly soliciting investments from the public without
The Anti-Money Laundering Council in June also secured an order from the Court of Appeals freezing Kapa’s assets.
(With reports from Bombo Jerald B. Ulep)
