Beauty stylist Ricky Reyes faces tax raps | Inquirer Entertainment

Beauty stylist Ricky Reyes faces tax raps

By: - Reporter
/ 04:25 PM October 22, 2011

MANILA, Philippines—Beauty expert and philanthropist Ricky Reyes is now facing charges for allegedly failing to present his accounting books and records to authorities for examination.

In an affidavit, the Bureau of Internal Revenue filed a complaint against Reyes as the president of Ricky Reyes Holding Inc., with office address in San Juan City.

The beauty expert was charged with violation of Sec. 5 and 14 penalized under Sec. 266 in relation to Sec. 253 and 250 of the Tax Reform Act of 1992.

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The case pertains to Reyes’ alleged failure to present his books of account and other accounting records to the BIR for the taxable year 2009.

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The charge stemmed from the complaints of Lorna Cruz, assistant chief of the BIR Revenue Region 7 Legal Division.

The BIR official claimed that Reyes failed to submit his company’s 2009 books of accounts and other accounting records for examination by an internal revenue officer.

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The agency issued a Tax Verification Notice 2003-00199095 on May 25, 2010 authorizing revenue officer Rodrigo Calar Jr. to check the 2009 records of Reyes’s company.

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The notice was served to the company’s office on 172 Aurora Blvd. on June 9, 2010.

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The BIR, however, claimed that Reyes or his representative allegedly failed to present the records despite personal follow-ups and telephone calls.

To compel Reyes to submit his 2009 books of accounts, the agency issued a subpoena duces tecum on April 12, 2011.

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The BIR then served the subpoena the following day, requesting Reyes or his representative to present the records to the Legal Division chief on April 29, 2011.

Despite service of the subpoena, Reyes allegedly failed to appear and submit the required documents, the complaint added.

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TAGS: Crime, law and justice, metro, Ricky Reyes, Tax

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