Documents obtained by Rappler show that in 2023, the local BIR already flagged Guo's realty company and the 2 POGOs for failure to file tax returns
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“Due process will be followed. If the income declared with the BIR does not match the value of the properties amassed during the same taxable years, criminal cases for tax evasion will be filed,” said BIR Commissioner Romeo Lumagui Jr in a statement on Friday. In November 2023, the Tarlac City BIR sent a notice to Baofu Land Development Incorporated that the company “failed to file” a total of 7 tax returns: 2 for 2019, 4 for 2021, and 1 for 2023. The notice was addressed to Baofu’s president, unnamed in the letter, but according to the company’s general information sheet in 2022 was Jack Lopez Uy. Uy took over Guo’s 50% shares of Baofu when the latter ran for mayor of Bamban that year.
Alice Guo Bureau Of Internal Revenue Central Luzon Tarlac Philippine News National News
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