The Lucio Tan tax evasion case

Lucio Tan escapes a Ps25.3 billion tax evasion case by the letter of the law. A step by step review of the case.
October 23, 2000
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Crusader

Probably nobody in the Philippines doubts the resolve of the Ramos-appointed BIR commissioner as a tax crusader. The country needed enforcers of her intelligence, incorruptibility, and determination. Hence, when in 1993 she slapped Lucio Tan and Fortune Tobacco with a Ps25.6 billion tax suit, the media frenzy that followed reverberated throughout the world.

The Lucio Tan tax evasion case began when in a letter dated August 13, 1993, Liwayway Vinzons-Chato assessed on Fortune Tobacco Corporation the total amount of P7.7 billion representing alleged deficiency ad valorem, income,...

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