Philippine News

Adformatix faces new P42.7 M tax evasion case with BIR

MANILA – The Bureau of Internal Revenue has filed a criminal complaint with the Department of Justice against local ad firm Adformatix Inc. for allegedly failing to pay taxes amounting to P42.75 million for 2008.

The respondents in the complaint include Adformatix chair Guillermo Garcia, president Liane Vergara, treasurer Lolita Ordonez, vice president for accounts Ma. Minerva Dimson and manager Nestor Reantaso.

adobo understands that Adformatix underwent a rebrand back in 2012 and has since been named as Axent Inc.

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READ ALSO: Independent agency Adformatix rebrands as Axent

BIR deputy commissioner Estela Ansales said that the agency was served with preliminary and final assessment notices with details of discrepancies, as well as preliminary collection letters, final notices before seizure, and warrants of distraint and/or levy.

This marks as the latest tax evasion case filed against Adformatix. In 2013, the BIR filed a similar case with the Department of Justice against the same agency for their failure to pay taxes in 2007 amounting to P70.78 million.

 

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