Thursday, March 7, 2019

Repost: ABS-CBN Pays P152M to Settle Tax Debt

Image courtesy of www.news.mb.com.ph


The Court of Tax Appeals (CTA) has approved the amicable settlement for the P152 million in tax debts of television network ABS-CBN with the Bureau of Internal Revenue (BIR).

The two parties sued for the out-of-court settlement of the case to avoid long and expensive court litigation.

The assessed liabilities covered 40 percent of the basic deficiency income, value-added and documentary stamp taxes

It also included 100 percent of the basic expanded withholding tax and withholding tax on compensation.

In approving the amicable settlement. CTA stated that both the Civil Code and the Revised Rules of Court instruct the courts to persuade litigants to enter into a compromise.

The agreement was signed by BIR Commissioner Caesar R. Dulay and the network’s chief finance officer Aldrin Cerrado.

30 comments:

  1. Inareglo na lang mga bess. Kung tutuusin mas malaki sana sa 152m ang babayaran

    ReplyDelete
    Replies
    1. Malaki pa binabayad ni Willie Revillame! Hanu ba yan?????

      Delete
    2. Correct Mars! Ang daming revenues ng ABSCBN pati sa TFC nila all over the world tapos pinayagan ng gobyerno umareglo sa tax obligations?

      Delete
    3. Disappointing that they let them get way with reducing the amount due. Buwis na due yan ha, para sa bayan, tinawaran pa.

      Delete
  2. Buti naman. Laki Kaya ng kita nila, Tama lang yan.

    ReplyDelete
    Replies
    1. Kulang pa yan

      Delete
    2. dapat nga may penalties pa yan. yung mga ordenaryong mamamayan or mga maliliit na negosyante ang laki kaya ng penalties pg di nakakapagbayad agad

      Delete
    3. marami silang tax breaks dahil sa mga foundations nila so hindi mo masasabinh kulang pa yan

      Delete
  3. Akala ko ba kumikita mga pelikula nila? Bat di makapag bayad ng tax.

    ReplyDelete
  4. kaya naman pala kumukuha ng mga puchu puchung talent para mura ang TF kasi may utang.Kala ko mayaman ang ABS.

    ReplyDelete
    Replies
    1. Oo, mayaman ang ABS. Pati na rin ang GMA at ABC 5. Lahat sila mayayaman.

      Kahit pagsama-samahin mo pa ang kayamanan ng buong angkan mo, mas mayaman pa rin sila.

      Delete
    2. 12:29 Isaksak mo sa baga mo ang pera nila. Pati utang nila isaksak mo na rin.

      Delete
  5. Bwahaha lubog sa utang lakas ng loob mamirata ng artista! Tapos mga pelikula daw ganito ganire ang kita. Susme! Ipasara na nga yan!

    ReplyDelete
  6. Mas malaki pa tax na binabayad ng mga celebrities lol

    ReplyDelete
  7. Shame on you ABS! Mayaman kayo, diba? Kumikita ng malaki ang movies niyo, diba? Marami kayong pera pang-franchise ng foreign shows, diba? Kaya nyong mag-pirate ng artists sa ibang network, diba? Eh, bakit di kayo nagbabayad ng tamang buwis on time? Walang hiyang oligarchs! Sana di na kayo makapag-renew next year! Kung yung pangangampanya niyo kay Bong Go (guesting sa GGV at MMK) ang way ninyo to kiss admin's butt para ma-settle yung utang niyo sa gobyerno kahit di naman full ang bayad niyo, I guess it works, for the meantime. Pero di niyo na maloloko ang taumbayan. May 3 years pa si PRRD, kaya ayusin ninyo!!!

    ReplyDelete
    Replies
    1. Easy lang teh. Network tard ka lng

      Delete
    2. Lol mas mukhang ikaw ang tard 2:01

      Delete
    3. 2:01 pwede ba you have to make them accountable. Nagbabayad ka naman siguro ng tamang buwis, on time. Expect the same from them.

      Delete
    4. You are the tard 2:01. Kung hindi pa dahil kay D30, they won't pay a dime

      Delete
    5. Truth! 2:01 ang tard

      Delete
    6. Kung sino pa ang mga maku-kwarta yun pa ang hindi nagbabayad ng tamang tax. Kaya pala ang mayayaman ay lalong yumayaman. Kawawa naman tayong mga ordinaryong mamamayan.

      Delete
  8. Sad life, so unfair :-(

    ReplyDelete
  9. 2.01 nakalimutan mo maliban sa tard, taxpayer din ako. kahit maliit lang ang binabayaran ko, on time naman. ABS can't relate.

    ReplyDelete
  10. Must have a behind the door dealings ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚. Mas malaki pa ang binabayad ng artista?? ๐Ÿค”๐Ÿค”๐Ÿค”

    ReplyDelete
  11. I'm glad ABS will have to pay BUT saan at kaninong bulsa naman kaya mapupunta. Mabuti lang sana kung mapakinabangan ng taong bayan yan... hay. buhay. ganyan na lang ba talaga. ang laki ng 152M huh.

    ReplyDelete
  12. Ang liit nman ng settlement, for a company as big as ABS, I feel it shud be more, un ibang artistang nag-settle before mas malaki pa binayaran nung nag-settle din sila. Imposible nman na mas malaki pa kita nila sa ABS.

    ReplyDelete
    Replies
    1. 152M settlement lang yun covering yung mga deficiencies. Pwedeng nabayaran naman nila yung ibang type of taxes, yung iba lang mali or kulang or late nila nabayaran. In short, assessment lang yan, it does not represent the all the taxes due from abs

      Delete
  13. Nubayan kulang pa

    ReplyDelete

LinkWithin

Related Posts Plugin for WordPress, Blogger...